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Business & Finance

IMF grants Costa Rica more than $770mn in financing

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By Reuters

The International Monetary Fund said on Thursday it had approved over $770 million in financing for Costa Rica for various purposes, including the Central American country’s climate agenda.

IMF reclassifies India’s exchange rate regime to ‘stabilized arrangement’

Costa Rica’s economy is set to grow by 5% this year, before easing to 3.5% in 2024, the fund added, while urging authorities to adhere to the existing fiscal framework and restrain foreign exchange intervention.

International Monetary fund

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