Costa Rica: Staff Report for the 2006 Article IV Consultation

Publication Date:

November 29, 2006

Electronic Access:

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Summary:

Despite the oil price shock, growth has been high. Discussions focused on the policies needed to reduce Costa Rica’s vulnerabilities, enhance growth, and reduce poverty in a lasting way. Passage of a substantial tax reform is essential. To bring inflation down to low single digits, the authorities plan to recapitalize the central bank and move gradually to a more flexible exchange rate regime. This Article IV Consultation provides an important opportunity to take stock of Costa Rica’s achievements and the challenges ahead.

Series:

Country Report No. 2006/416

Subject:

English

Publication Date:

November 29, 2006

ISBN/ISSN:

9781451809664/1934-7685

Stock No:

1CRIEA2006001

Pages:

62

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