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New Costa Rica leader faces two major tests

Wednesday, January 22, 2014

A fiscal reform and currency devaluation are two major challenges the new Costa Rican government will face this year, Costa Rican daily La República reported.

But the new government will have to solve them in order to maintain the country's economic stability of the past years, and generate more jobs.

One of the biggest challenges is that the country's fiscal deficit has reached 5 percent, while in terms of currency devaluation, Costa Rica will improve its competitiveness and benefit major job-creating sectors such as tourism and exports.

Full story (in Spanish)