According to Christian Daude, senior economist at the Organisation for Economic Co-operation and Development (OECD), Costa Rica’s top priority should be finding a solution to the fiscal deficit.
Daude noted that there is little progress in the discussion of measures to reduce the fiscal deficit. The legislative is embroiled to decide what to reform.
At the press conference, Daude presented projections for economic growth in Costa Rica. The country would grow 4 percent this year and 4.1 percent in 2017.
Among Latin American countries surveyed by the OECD, Costa Rica is the only one that will grow in 2016, unlike Brazil, Chile and Colombia.
Daude also explained that Costa Rica has benefited from the decline of oil prices since 2014, which has increased domestic consumption and imports.
Source: La Nación.