Costa Rica: Business Confidence Down 10%

The business confidence index calculated by the "Business Pulse" survey reached its lowest level in the last two years, with negativity being felt in the services and construction sectors in particular.

Monday, May 19, 2014

From a press release issued by the Costa Rican Union of Chambers and Associations of Private Enterprises (Uccaep):

Fiscal deficit reduction, improved infrastructure and better governance. These are, according to employers, the three main lines of action which the new government should focus on during its first 100 days in office.

This was revealed by the last measurement of the "Business Pulse" survey of Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP) for the second quarter of 2014.

Among the priorities identified by employers are also fighting poverty, lowering unemployment, strengthening the Costa Rican Social Security Department, clarity in the exchange policy, improving competitiveness, employment policy, reduced electricity rates and better access to credit for production.

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