Flash News – News of the week in CR regarding economic growth. India takes an interest in the country, and the deficit closes at ¢389.862 million
Flash News – News of the week in CR regarding economic growth. India takes an interest in the country, and the deficit closes at ¢389.862 million

El Observador Newspaper

The economy of Costa Rica will grow 3.9% in 2024, according to a forecast from the World Bank

The Costa Rican economy will grow at a pace of 3.9% during 2024, according to calculations from the World Bank (WB), since the country is benefitting mainly from Direct Foreign Investment (DFI), as well as from nearshoring.



India: the most populous country in the world wants more trade, investment, and tourism with Costa Rica

The diplomat, Sumit Seth, indicated that for India and Costa Rica, there is a special interest in becoming closer, since they want to increase commercial exchange and tourism. As such, Costa Rican entrepreneurs have huge business opportunities and can also offer distinctive products with added value.



CR Hoy Newspaper

The Economic Science Research Institute [in Spanish: IICE] forecasts 4.4% growth for the national economy

According to a study carried out by the Economic Science Research Institute, [in Spanish: el Instituto de Investigaciones en Ciencias Económicas], (IICE), from the University of Costa Rica, the Gross Domestic Product in Costa Rica will grow 4.4% during 2024. According to the report, the economy hasn’t experienced changes with regard to conditions in 2023.



The government ran a deficit of ¢389.862 million in February

The financial shortfall of the government registered a 0.8% decline in February 2024 of the Gross Domestic Product (GDP), the difference, according to the Treasury Dept, is due to interest payments on the public debt.




Costa Rica expands its export market of pineapples to New Zealand

The State Phytosanitary Service, [in Spanish: el Servicio Fitosanitario del Estado], (SFE), which belongs to the Ministry of Agriculture and Livestock, [in Spanish: el Ministerio de Agricultura y Ganadería], (MAG), of Costa Rica, has announced the opening of its pineapple market to New Zealand, thereby opening the doors to export Costa Rican pineapples to New Zealand, as well as to other territories such as Australia, the Cook Islands, and Ecuador.



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