Central America Fiscal Lens No. 7

In the region the level of sales tax evasion is around 33% on average.

Thursday, February 27, 2014

From a statement from the Central Institute for Fiscal Studies (Icefi):

The Central American Institute for Fiscal Studies presents the seventh edition of its analysis of the situation in Costa Rica.

Icefi: It is urgent that the two contending political parties specify a plan that will allow them to balance fiscal accounts and fulfill their campaign promises.

The Icefi has presented in Costa Rica the seventh edition of "Central America Fiscal Lens: a periodical newsletter on research on the economic and tax situation," which presents an analysis of the economic and global context in 2014, and of the current political, fiscal, and economical situation in Central America.

More on this topic

Fiscal Outlook in Central America

February 2018

In one of the regions that receives the least amount of taxes in the world, the tax burden remained relatively stable in 2017.

From the section Fiscal Outlook for Central America, from the report "Macro-fiscal Profiles: 9th edition", by the Central American Institute of Fiscal Studies (Icefi):

Central America: Fiscal Outlook - April 2017

May 2017

In 2016, the ratio between total expenditure of central governments of the countries of the region and GDP remained almost unchanged from the previous year, going from 18.3% to 18.6%.

From the report "Macroeconomic Profiles: 8th edition", from the Central American Institute of Fiscal Studies (Icefi): 

End of Macroeconomic Stability in Guatemala?

September 2014

Increased borrowing costs, a disincentive to foreign investment and distrust of economic performance, are part of the expected scenario if public debt growth is not controlled.

Prensalibre.com reports that "... The draft budget for 2015 presented by the Ministry of Finance, amounting to $9.250 million (Q71 thousand 840.8 million), contemplates taking on new debt of about $2 billion (Q15 billion), of which $1.6 billion (Q12 thousand 334 million) came from bonds and loans. "

Central America Fiscal Lens - 5th. Edition

October 2013

Analysis of debt sustainability in Central America, economic growth, inflation, revaluation and management of the fiscal deficit.

Central America Fiscal Lens No. 5 reported that gross domestic production in Central America in 2012 amounted to U.S. $184.000 million. The fastest growing economies were Panama, Costa Rica and Nicaragua.

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