End of preview - This article contains approximately 146 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 15 August 2025
In brief: Costa Rica hails drop in fiscal deficit
*Costa Rica’s finance ministry has released new figures which show that the fiscal deficit in the first half of 2025 was ¢610.70bn (US$1.21bn) – equivalent to 1.2% of GDP. According to the finance ministry this is an improvement of 0.3 percentage points on the same period in 2024, when the fiscal deficit was 1.5% of GDP. The finance ministry also highlighted that the country registered a primary surplus of ¢505.83bn (1.0% of GDP), an improvement of 0.1 percentage point compared to the same period in 2024 when the primary surplus was equivalent to 0.9% of GDP. The finance ministry also noted that central government debt as a percentage of GDP was 57.4% in the first half of 2025, an improvement of 2.4 percentage points on the same period in 2024 when it was 59.8%.
- BOLIVIA: Conservatives poised for breakthrough as campaigns end
- In brief: Peru holds interest rate
- BRAZIL: Bolsonaro coup plot trial approaches final phase
- In brief: Brazil’s services sector grows for fifth consecutive month
- HONDURAS: Arrests over alleged plot to kill former president Zelaya
- In brief: Costa Rica hails drop in fiscal deficit
- MEXICO: Former Pemex CEO arrested in US
- In brief: US sanctions more Mexican cartels
- CHILE: Key suspect arrested in Ojeda case
- In brief: Argentina announces surprise debt auction to absorb excess pesos