Although the Alvarado administration reversed the initial proposal to ask the IMF for $1.75 billion in financing and called for an inter-sectoral dialogue, Costa Rica is semi-paralyzed by the blockades that are taking place on various roads in the country.
The government issued $1.2 billion worth of debt securities in the international market, maturing in 2050 and with a coupon of 4.5%.
From a statement issued by the Ministry of Economy and Finance:
April 9, 2018.The Republic of Panama entered the international markets today throughthe issuance of a new Global Bond with maturity in 2050 for an amount of $1.2 billion and a coupon of 4.50%.
Standard & Poor's has maintained the rating of B+ for long-term sovereign debt, arguing that economic growth is stable and the burden of public debt remains moderate.
From a statement issued by Standard & Poor's:
On Feb. 16, 2018, S&P Global Ratings affirmed its 'B+' long-term local and foreign currency sovereign credit ratings on the Republic of Nicaragua.