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Costa Rica forecast to have 5 percent growth this year

Thursday, December 13, 2012

The Costa Rican economy will finish the year with 5 percent growth, a figure that is above the 3.2 percent average for Latin America, according to the Economic Commission for Latin America and the Caribbean, ECLAC.

The most dynamic sectors are transport, storage and telecommunications services, financial intermediation, insurance, real estate and manufacturing.

The study also says the government fiscal deficit will close at 4.5 percent. The fiscal deficit in November was 4 percent.

Source: Tico Times