Analysis, data & forecasts on every country across the region

Economy / Costa Rica

Costa Rica

May 2012 | Risk Summary

Costa Rican President Laura Chinchilla's government was dealt a hard blow in mid-April when the constitutional court ruled that its flagship fiscal reform plan was unconstitutional. This comes after the legislative assembly approved the bill during the first round of voting, following several months of political wrangling. Given this development, we believe the Chinchilla administration will continue to struggle to rein in public spending over the coming quarters, in line with our view for the fiscal deficit to remain substantial at 4.7% of GDP in

To read the full article, please choose one of the following options:

Subcribers please log in

Central America MonitorCentral America Channels Central America Countries