Costa Rica: Prospects for Interest Rates in 2015Economists anticipate stability in the first half and an increase towards the second half of the year, depending on how much delay there is in measures to reduce the fiscal deficit.Friday, December 12, 2014
Taken from Pulsobusatil.com, a Blog by Aldesa : ¿Busca soluciones de inteligencia comercial para su empresa?Costa Rica: More Warnings Over Fiscal DeficitFebruary 2018 Lack of fiscal reform continues to erode Costa Rica's public finances, constraining its long-term growth prospects and highlighting its vulnerability to external shocks. Fiscal Deficit, Interest Rates and Poor ManagementJanuary 2018 The difficulties the government faces while trying to solve the serious fiscal problem that affects Costa Rica is already generating strong upward pressure on interest rates, both in local currency and in dollars. Moody's Downgrades Costa Rica's Debt RatingFebruary 2017 In line with warnings from other ratings agencies regarding the serious fiscal problem and the lack of political will to solve it, Moody's has downgraded its rating from Ba1 to Ba2 with a negative outlook. Interest Rates on the Rise in Costa RicaMarch 2010 Aldesa believes that Costa Rica’s large fiscal deficit, with expenses growing faster than income, will force the government to access the capital markets.
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