Moody's: Costa Rica's investment grade uncertain

Costa Rica's investment grade is uncertain, according to ratings agency Moody's.

The main reason, said Moody's, is a lack of fiscal reforms that would slow down the country's fiscal deterioration.

"If Costa Rica doesn't create a new tax project, it would very likely have a negative impact on it's rating", said Moody's analyst, Gabriel Torres.

 

Source (in Spanish): La Nación