Monday 19 April 2021
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Costa Rica is among the most indebted in Latin America

QCOSTARICA - The Government of Costa Rica stands out in Latin America for being one of the countries with the highest indebtedness as of September 2020, and is also among those that have increased debt the most this year. This is clear from the study...

How does the new usury law change credit in Costa Rica?

(QCOSTARICA) On June 20, 2020, the Usury Law went into effect in Costa Rica after being published in the official government newsletter, La Gaceta, which establishes the methodology to be used to set the maximum interest rate, from which the crime of usury will...

Costa Rica Public Debt Reaches 39% of GDP

QCOSTARICA - The need to borrow every month in order to pay current account expenses is the main cause of the continuing increase in the central government's debt to GDP ratio. At the end of 2014, total public debt, which includes the Central Bank of...

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