Pensions could fund projects in Costa Rica

Costa Rica is considering using pension funds to finance large infrastructure projects, Costa Rican daily La República reported.

Among the projects the pensions could finance is a highway to the coastal city of Limón, with the $2 billion the pension funds currently hold.

The idea of using pension funds to develop infrastructure has been put forward by several candidates during the presidential race, including president-elect Luis Guillermo Solís.

Full story (in Spanish)