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IMF to close resident representative office in Costa Rica - Caribbean News Global

WASHINGTON, USA –  The International Monetary Fund (IMF) has decided to close its Resident Representative Office in San José, which has been headed by Santiago Acosta-Ormaechea, effective mid-October 2025. The IMF had opened the office in July 2021 to support an enhanced engagement following the executive board’s approval of an Extended Fund Facility (EFF) arrangement for Costa Rica in March 2021 and a Resilience and Sustainability Facility (RSF…
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The International Monetary Fund (IMF) announced its decision to close the Office of the Resident Representative in San José, which was inaugurated in July 2021 and was led by the Argentine economist Santiago Acosta Ormaechea since 2022.The international organization maintained representation in the country with the aim of promoting “a closer commitment” following the approval of the IMF Expanded Service (SAF) agreement for Costa Rica, in March 2…

·Costa Rica
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Caribbean News Global broke the news in on Monday, August 11, 2025.
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