According to the Report on the State of the Nation 2016, the country’s growth in the last five years was strongly driven by consumption, investment and public expenditure. On average, from 2010 to 2015, 76% of the growth in domestic production was the result of improvements in domestic demand. In the last five years, exports […]
A Canadian prime minister is in troubles for visiting Costa Rica
Prime Minister of the Canadian province of Manitoba Brian Pallister is under the spotlight in his country because months ago, it was known that he liked to spend several weeks a year in Costa Rica during his working time. According to an investigation led by the Canada Broadcasting Company (CBC), published in April 2016, since […]
The minister of Housing wants to control FOSUVI
Rosendo Pujol, minister of Housing, is fighting in the Housing Banking Bank (BANHVI) to control the office responsible for granting housing bonuses to the poorest families. The leader claims that bonuses are still given to people who do not qualify for them and he also points out other “very serious” anomalies. As oonsequence, he aims […]
Moody’s evaluated CABEI credit ratings
Moody’s Rating Agency confirmed the long-and-short-term credit ratings of the Central American Bank for Economic Integration (CABEI): they are at ‘A1’ and ‘P-1’, respectively. The outlook is stable. The Rating Agency considers as fundamental point the reforms to its constitutive agreement, which will allow to further diversify the loan portfolio and improve future processes of […]
The Costa Rican commodities for consumption are in danger due to their low productivity
The Costa Rican commodities for consumption, such as rice, beans, dairy products, pork, chicken and beef are in check due to their low productivity. This is shown through two studies conducted by the Inter-American Institute for Cooperation on Agriculture (IICA) and the Inter-American Development Bank (IDB), at the request of Helio Fallas, vice president of […]
The Board of the College of Physicians and Surgeons made a controversial decision
A statement issued by the Board of the College of Physicians and Surgeons informed that doctors can suspend the care of a patient if the person decides to take pictures or record video of what is happening. This applies if the doctors have not given their consent, either in a private or public institution. This […]