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Costa Rican central bank moves to boost economy

Thursday, August 1, 2013

Costa Rica's Central Bank agreed to limit credits, a move welcomed by business leaders and bankers, Costa Rican paper La República reported.

"We are trying to boost economic recovery, but we must act carefully," said the bank's President, Rodrigo Bolaños.

However, the Government cut this year's growth rate from 4 to 3 percent.

Full story (in Spanish)