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Eurobonds and absence of strike are keys to Costa Rica

Monday, February 4, 2019

Costa Rica's economy is expected to grow by 3.2 percent this year and 3 percent in 2020 -- more than the 2.7 percent expected in 2018 -- the Central Bank expects.

It is being assumed that the deficit will not increase, assuming stable interest rates and approval by legislators of the issue of Eurobonds.

The forecasts could change, however, change if the government's plans for reforms spark a new wave of strikes similar to last year's that chopped 0.4 percentage points from growth.