Costa Rica: Third Review Under the Extended Arrangement Under the Extended Fund Facility, Request for an Arrangement Under the Resilience and Sustainability Facility, Request for Waiver of Nonobservance of Performance Criterion, and Monetary Policy Consultation

November 14, 2022

Summary

The new administration, which came into office in May 2022, has had to confront the aftermath of a cyberattack on several government systems as well as the impact of the commodity price shock, slowing trading partner growth, and tightening financial conditions. After a strong rebound in 2021, these global headwinds are weighing on activity. Meanwhile, as elsewhere, inflationary pressures are elevated.

Subject: Central banks, Climate change, Credit, Environment, Foreign exchange, International organization, International reserves, Monetary policy, Money, Public debt

Keywords: Central America, Climate change, Costa Rican authorities, Credit, decarbonization effort, Global, IMF Resilience and Sustainability Facility arrangement, inflation expectation, International reserves, RSF arrangement

Pages:
127
Volume:
2022
DOI:
https://doi.org/10.5089/9798400226762.002
Issue:
345
Series:
Country Report No. 2022/345
Stock No:
1CRIEA2022002
ISBN:
9798400226762
ISSN:
1934-7685

Loading component...

IMF’s Work

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Loading component...

IMF Staff Country Reports