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Nomura Securities backs optimism on Costa Rica

Monday, July 9, 2012

Costa Rica's economy will grow by more than expected this year, and inflation will lag behind the rest of the economy for the first time in two decades, according to a Nomura Securities report.

But the report points to the urgent need for a fiscal reform.

That, however, will not be necessary, says co-publisher of Central America Link, Fred Blaser. "You can cut the deficit by cutting government, which is bloated," says Blaser.

Full story (in Spanish)