Costa Rica: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Costa Rica
March 10, 2008
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The Costa Rican economy has grown at rapid rates in the last three years, underpinned by a robust world expansion, sound economic policies, and strong business and consumer confidence. Economic policies have been well oriented. The fiscal position has substantially improved. The exchange rate level and policies are consistent with the maintenance of external stability. IMF staff supports the neutral policy stance envisaged in the 2008 central government budget and plans for a substantive tax reform. The authorities should push ahead with financial system reforms.
Subject: Banking, Currencies, Economic sectors, External debt, Inflation, Money, Prices, Public debt, Public sector
Keywords: Central America, consumer confidence, CR, Currencies, exchange rate band, FDI flow, FDI levels inflow, Global, headline inflation target, inflation, ISCR, Public sector
Pages:
46
Volume:
2008
DOI:
Issue:
097
Series:
Country Report No. 2008/097
Stock No:
1CRIEA2008001
ISBN:
9781451809688
ISSN:
1934-7685
