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Moody's: Costa Rica's investment grade uncertain

Monday, May 27, 2013


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