Costa Rica: Fiscal Situation up to April 2016

At the end of the first quarter the financial deficit was 1.6% of GDP, below the 1.9% of GDP recorded in the same period in 2015.

Wednesday, May 25, 2016

From a statement issued by the Ministry of Finance:

At the end of the first quarter of the year, the fiscal figures showed a decline of close to ¢86,000 million in the primary deficit (revenue less noninterest expense) and close to ¢38,500 million in the financial deficit. In terms of GDP, the financial deficit fell from 1.9% to 1.6%, while the primary rose from 1% to 0.7%, from April 2015 to April 2016.

"We are maintaining a reduction of the financial deficit, we are fulfilling our commitment to slowing spending and increasing revenue. This result is a product of joint work in the areas of income and expenditure of the Treasury, and the commitment of the institutions that have adjusted their goals in order to comply with the guidelines issued by the Executive on spending" said Helio Fallas, first Vice President and Minister of Finance.



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Costa Rica: Fiscal Deficit at 1.7% of GDP

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Costa Rica: Fiscal Figures - August 2016

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The financial deficit accumulated up to August 2016 stands at 2.9% of GDP, slightly below the 3.6% recorded in the same period in 2015.

From a statement issued by the Ministry of Finance:

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Costa Rica: Fiscal Figures - June 2016

July 2016

The weight of interest from debts as a share of GDP went from 1.3% to 1.4% between June 2015 and December 2016.

From a statement issued by the Ministry of Finance:

A reduction of ¢121,358 million in the financial deficit (revenues minus expenses), was recorded in fiscal figures from the Central Government at the end of the first half of this year.

Costa Rica: Tax figures up to March 2016

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From a statement issued by the Ministry of Finance:

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