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Private-sector credit gets out of the hole in Costa Rica

Tuesday, May 24, 2011


After three years of a drought, credit to Costa Rica’s private sector has begun to flow once again. 

A timid recovery began in the second half of last year, but since then it has begun to consolidate.

By March, year-on-year growth was at 5 percent. But much remains to be done. The May 2008 figure stood at 40 percent.

 

 

Original source (in Spanish): La República