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Weekly Report - 10 August 2017 (WR-17-31)
COSTA RICA: Solís shock tactics over deficit provoke ire
President Luis Guillermo Solís provoked a furious response from the political opposition last week by declaring that urgent measures were necessary to avoid Costa Rica falling into “liquidity difficulties”. This looks like the last throw of the dice by Solís. Like his predecessor before him he has tried to push through a fiscal reform to no avail. But far from being shocked into action, Costa Rica’s opposition parties, which dominate the 57-seat legislative assembly, held Solís wholly responsible for the lack of a fiscal pact. With parties gearing up for next February’s general elections, the impasse looks like lasting his entire four-year term.
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