Costa Rica News
Sat, 23 Jan 2021 17:21:18 +0000IMF Executive Board Approves US$2.7 billion Precautionary and Liquidity Line for Panama to Address COVID-19 Pandemic
Q24N – The Executive Board of the International Monetary Fund (IMF) approved on Tuesday, January 19, Panama’s request for a two-year arrangement under the Precautionary and Liquidity Line (PLL) USS$2.7 billion, which the authorities intend to...
Sat, 23 Jan 2021 17:12:41 +0000IMF loan must be approved in the Assembly no later than the beginning of June
QCOSTARICA – The Legislative Assembly must approve the US$1.75 billion dollar “soft” loan from the International Monetary Fund (IMF) no later than the beginning of June, affirms Manuela Goretti, Head of the IMF Mission. At the Frida...
Sat, 23 Jan 2021 15:44:28 +0000Antigen testing puts KLM travelers to the Netherlands on edge
QCOSTARICA – The Dutch airline, KLM, assured Friday afternoon, January 22, that it maintains its flight plan to Costa Rica, but warned that the demand for an antigen test has travel to the Netherlands in suspense. Catalina Vergara, communicatio...
Sat, 23 Jan 2021 15:32:23 +0000The US, Mexico and Guatemala agree to prevent the passage of migrant caravans
Q24N (Guatemala city) The governments of the United States, Mexico and Guatemala agreed on Friday to prohibit the passage of migrant caravans through their territory due to the pandemic, days after one from Honduras was forcibly dissolved at the Guat...
Sat, 23 Jan 2021 15:17:26 +0000Government reaches three-year deal with the IMF
QCOSTARICA – The Government of Carlos Alvarado reached a fiscal adjustment agreement with the International Monetary Fund (IMF) on Friday, which will allow the country to access a loan of US$1.75 billion dollars that would be delivered in six s...
Fri, 22 Jan 2021 16:37:53 +0000Costa Rica and Panama in times of Coronavirus
The worldwide pandemic has devastated the world’s health care systems. Poorer and underdeveloped countries have especially been hit hard by the current health crisis. For years relocation organizations have been promoting Panama as a retirement hav...
Fri, 22 Jan 2021 16:10:27 +0000Services, medical industry and teleworking cushioned the fall in foreign investment
QCOSTARICA – In a pandemic year where global value chains were broken, key economies for Costa Rica fell and a very strong drop in global investment flows was estimated, foreign companies continued to invest in the country. The information comp...
Fri, 22 Jan 2021 14:31:33 +0000130 laboratories have authorization to perform covid-19 tests in Costa Rica
QCOSTARICA – The Ministry of Health and the Costa Rican Tourism Board (ICT) joined forces to provide facilities to people who want or need to travel to countries such as the United States (starting January 26) and the United Kingdom, Canada and...
Fri, 22 Jan 2021 08:54:05 +0000The possible 2022 presidential candidates
QCOSTARICA – In a little over a year, in February 2022, Costa Ricans will take to the polls to elect a new president. General elections in Costa Rica are held every four years in accordance with the Constitution of Costa Rica. The President, to...
Fri, 22 Jan 2021 08:11:07 +0000Costa Rica will continue to vaccinate vulnerable groups while Pfizer resumes shipments in mid-February
QCOSTARICA – Health authorities said on Thursday they will maintain the vaccination against COVID-19 of vulnerable groups despite the notification from Pfizer it would resume vaccine shipments to the country in mid-February. The Ministry of Hea...