American Expatriate Costa Rica

English-language news and information on Costa Rica

World Bank improves outlook for economic growth in Costa Rica

by

Archive. EFE

Experts from the World Bank are forecasting economic growth for Costa Rica, to be between 4.3 and 4.1 percent for 2015. The rate is higher than the average expectation for Latin America.

The report also said that expectations depend on volatile global interest rates and capital flows as the Federal Reserve Bank of the United States begins to withdraw its massive monetary stimulus.

Source crhoy.com

Related articles:

  1. Central Bank intervened with $4.9 million to stabilize dollar market
  2. Fed meeting key to cost of dollar in Costa Rica
  3. Economic growth in 2013 was prompted by external factors
  4. Central Bank has little room to vary interest rates and bands
  5. Central Bank has $7.2 billion in reserves to prevent steep rise in dollar
  6. Keeping Stateside Accounts While in Costa Rica