costa rica debt

Jorge López faced an overwhelming debt of nearly ¢200 million due to the cost of cancer treatments for his four-year-old daughter, who tragically lost her battle with the illness. Fortunately,…

Banks are restarting the collections that were put on hold because of covid-19. The idea of additional massive adjustments is not being considered at the moment. Many of the grace…

A new law would help highly indebted people. They will be able to pay just ₡12,000 ($20.50) interest per million ($1,700). The bill would allow people to consolidate all their…

Costa Rica News – The Ministry of Finance has informed, yesterday, November 19, that it has awarded two financial companies the contracts being concessioned for placement of internal debt.

Costa Rica News – The Global Footprint Network warns that Costa Rica’s ecological footprint is problematic in that the country is “in debt to the planet,” meaning the national consumption of…

Costa Rica News – The number of cards in circulation in the country grew by 9% between July 2016 and July this year, and the balance of debt increased by 23%…

Costa Rica News – An IMF team, led by Mr. Lorenzo Figliuoli, visited Costa Rica from December 12-15 to discuss recent economic development and the outlook for the country. At the…

Costa Rica News – Purchasing appliances, acquiring quick loans or paying for courses in installments are some of the reasons why Costa Rica’s poor households devote a high percentage of their…