Economy Is Showing Alarming Signs: National Growth Is Slowing and Tax Revenue Is Falling
3 Articles
3 Articles
S&P Global Ratings lights up alerts in Costa Rica after a thorough analysis. Discover the alarming fiscal risks that lurk in the face of finance.
Economy is showing alarming signs: national growth is slowing and tax revenue is falling
Q COSTA RICA — Although the Costa Rican economy is far from showing negative figures, several warning signs are raising concerns. For example, the decline in the manufacture of medical equipment and electronic components in free trade zones has resulted in Costa Rica experiencing two consecutive months of economic growth below 4%. This meant that, at the end of May, economic activity grew by only 3.5%, according to the most recent Monthly Index …
S&P Ratings ratifies Costa Rica’s sovereign rating and highlights macroeconomic stability San José, Jul 17 (elmundo.cr) – The rating agency S&P Ratings confirmed Costa Rica’s sovereign rating on “BB” on Thursday, maintaining a stable perspective for the national economy. This decision, which reaffirms the confidence of international markets in the country, is based on three key pillars: macroeconomic stability, the strengthening of [...]
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