Costa Rica's president-elect names economic team

Costa Rican President-elect Luis Guillermo Solis appointed his economic team as the Central American country moves to reassure investors and the public after two foreign investors announced plans to cut jobs.

Solis yesterday tapped economist and Vice President-elect Helio Fallas to be finance minister and Banco Nacional de Costa Rica Director Olivier Castro as central bank president.

Welmer Ramos was chosen as the new economy minister.


Source: Bloomberg