Browsing Tag

Costa Rica

The International Monetary Fund (IMF) reached a technical staff level agreement with Costa Rica on the necessary policies to complete the first and second reviews of the program of the Central American country supported by the multilateral organization. In March 2021, the IMF approved a loan of…
Read More...

Costa Rica will have a second round of elections

The candidate of the National Liberation Party (PLN) for the Presidency of Costa Rica, José María Figueres, and the candidate of the Social Democratic Progress Party (PPSD), Rodrigo Chaves, will meet in a second round on April 3 after a…

Costa Rica proposes 13 % tax on cryptocurrencies

Costa Rica proposes a 13 % tax on cryptocurrencies. The Costa Rican General Directorate of Taxation proposes to collect the tax on cryptocurrencies equivalent to a 13 % value added tax (VAT) for the purchase of crypto assets. Additionally,…

Costa Rica joins the OECD

Costa Rica has formally become the thirty-eighth member country of the Organization for Economic Cooperation and Development (OECD) and the fourth country in Latin America and the Caribbean to join the institution after Mexico, Chile and…

Costa Rica seeks to fight the economic crisis

The president of Costa Rica, Carlos Alvarado, and his counterpart in Parliament, Eduardo Cruickshank, summoned some 70 organizations for this Friday with a view to a new dialogue to address the financial crisis in which the country is mired…