Saturday 8 May 2021

Carlos Alvarado: ‘Yes, we are going to go to the IMF’

The president maintains that an agreement with the IMF will get Costa Rica out of the current economic crisis

QCOSTARICA – Can Costa Rica come out from the current economic crisis without the help of the International Monetary Fund (IMF)?

President Carlos Alvarado speaking with Armando González, director of La Nación, for more than an hour about those and other decisive issues for the country, amid a climate of uncertainty topped by the pandemic. See the interview (in Spanish) here.

President Carlos Alvarado doesn’t think so.

- Advertisement -

“Yes, we are going to go to the International Monetary Fund,” said the Alvarado, adding that it was first necessary to dispel the ‘ideological hubbub’ that the CCSS or the AyA will be privatized, or that thousands of people will be fired.

In an interview with La Nación, the President affirms that he instructed his team not to refer to the issue of negotiations with the IMF during the dialogue with sectors. He admitted responsibility for the confusion that this instruction may have generated, but confirms that the country move ahead to negotiate a deal with the IMF.

He maintains that an agreement with the IMF will make the fiscal solution cheaper for Costa Rica.

In the interview, he expressed support for his Minister of Finance, Elian Villegas, saying “Elian, who is doing a great job; for example, the profile of our debt is improving”.

- Advertisement -

On the minister’s evading questions the last sveral days, Alvarado said, “He was very disciplined with an instruction that I gave to my entire team, to say we are not going to refer to the subject in substance during the processes that are linked to dialogue.”

If you will recall, for three weeks starting September 30, the country was subjected to protests and blockades, some events turning violent, against the multi billion dollar loan agreement with the IMF.

By the middle of October, the government backed down and called the different sectors to a series of roundtable dialogues, which has come under criticism for being nothing more to complete the proposal to be submitted to the IMF, because no government has the capacity and the interest to get us out of this crisis, only to transfer it.

The country’s legislators have classified the dialogues as a “waste of time.”

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Carlos Alvarado: “If we don’t give stability to the economy, everything will go to hell”

QCOSTARICA - "If we don't give stability to our economy, forgive...

Carlos Alvarado loses a minister every 45 days, on average

QCOSTARICA - With the exit of the Minister of Liaison with...

MOST READ

Colombia exceeds 500 deaths from covid for the first time in daily report

QCOLOMBIA – Colombia this week registered the highest single day number of deaths associated with covid-19, 505, on Thursday, April 29. Health workers disinfect each...

Canada approves BioNTech-Pfizer vaccine for young teens

QCOVID DIGEST - Canada's health regulator has authorized the Pfizer/BionTech coronavirus vaccine for children between 12 and 15 years old. Dr. Supriya Sharma, the...

Chevrolet installs its first charger for electric cars at its headquarters in Ayarco

QCOSTARICA - With more than 1,600 electric cars of various brands circulating in the country and Chevrolet's new proposal for the second half of...

Latin American countries establish space programs despite limitations on ground

Q REPORTS (Associated Press) Mars missions, astronauts coming and going at the International Space Station, China’s increasingly ambitious space program. Space-related news is flowing,...

Ousting of El Salvador’s Top Prosecutor Imperils Rule of Law

Insightcrime.org - The decision by legislators aligned with El Salvador’s President Nayib Bukele to oust the country’s top prosecutor may spell the end of...

San Jose and Central Valley woke up this morning to closures and vehicular restrictions

QCOSTARICA - Due to the increase in covid infections in the middle of the third pandemic wave, the Government ordered the closure of non-essential...

Two people die every day in Costa Rica in traffic accidents

QCOSTARICA - Two people die, on average, every day in our country due to road accidents, collisions, or rollovers, according to a report from...

Colombia: Riots leave at least 19 dead and more 800 injured in five days

QCOLOMBIA – The violence registered in different cities across Colombia during the last five days of massive protests against the controversial tax reform, has...

Colombia’s Protests Against President Duque Explained

QCOLOMBIA – Nineteen people have died and hundreds more have been injured in protests in Colombia against President Iván Duque Márquez’s tax bill, aimed...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.