Costa Rica : Request for Stand-By Arrangement: Staff Report; Staff Supplement and Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Costa Rica

Author/Editor:

International Monetary Fund

Publication Date:

April 29, 2009

Electronic Access:

Free Full Text (PDF file size is 1783 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses the request from Costa Rica for a Stand-By Arrangement (SBA). The program seeks to enable an orderly adjustment of the Costa Rican economy to an adverse external environment, while mitigating its adverse effects on growth and household incomes. To strengthen the external position, the authorities have tightened monetary conditions and increased exchange rate flexibility. Fiscal policy will be geared toward mitigating the impact of the adjustment on domestic activity and the most vulnerable population. IMF financial support is intended to bolster investor confidence in the authorities’ policy framework.

Series:

Country Report No. 09/134

Subject:

English

Publication Date:

April 29, 2009

ISBN/ISSN:

9781451809695/1934-7685

Stock No:

1CRIEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

82

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