The new Minister of Finance, Rodrigo Chaves Robles, will take office this Tuesday, November 26th. The Minister of Communication, Nancy Marín, confirmed on Monday morning that the new head of public finance will participate this Tuesday in the session of the Governing Council, the weekly meeting that the President of the Republic holds with his ministers.
According to the spokeswoman of the Executive Power, the new minister arrived at the end of last week from Indonesia, where he served until a few weeks ago as the director of the World Bank in that nation. The economist will replace Rocío Aguilar, who left on October 23rd.
In recent days the president, Carlos Alvarado, said that Chaves’ main function will be to lead the country along a fiscal consolidation route.
Chaves Robles announced days ago that his management will be directed towards improvements in the efficiency and quality of public spending and in maintaining the stability of the country’s finances.
The function that was assigned to me, fundamentally, is to maintain the stability of Costa Rica’s public finances and to try to improve the efficiency and quality of public spending so that it contributes to the generation of prosperity for the country, distributed to all Costa Ricans, always within the framework of responsible macroeconomic management,”
said Chaves.
The new Minister is a Master in Economics, Doctor in Philosophy, Applied Economics and Financial Markets and Institutions, and Bachelor of Economics, from the University of Ohio, in the United States.
For 27 years he has worked with the World Bank, where he has performed analytical and operational work in more than 45 countries in Latin America and the Caribbean, Eastern Europe, Central Asia, South Asia and East Asia. He is currently the Country Director of the World Bank of Indonesia, the most important office of that entity after the one located in Washington DC.