External Bonds and No Strikes Key To Growth

The growth of the Costa Rican economy will be 3.2% in 2019 and 3.0% in 2020 – levels higher than the estimated increase for 2018, of 2.7% -, according to the Macroeconomic Program 2019-2020 of the Central Bank.

Even several indicators are positive, from stable inflation to credit growth, driven by a better business climate to the detriment of last year’s uncertainty, reports Costa Rica’s business newspaper La Republica.
The newspaper says government debt will continue to be a threat to financial health, increasing to more than 60% of the value of domestic production by 2020.
On the other hand, the deficit would not grow, with the expectation of stable interest rates – that is, assuming that the Legislative Assembly approves the issue of the Eurobonds, Also called

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