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Alvaro Murillo

UPDATE 2-Costa Rica's Alvarado pitches IMF package as economic lifeline

24 Sep 2020

SAN JOSE, Sept 23 Costa Rican President Carlos Alvarado on Wednesday predicted more economic pain for the country without a major loan package from the International Monetary Fund (IMF), including worsening inflation and unemployment, he told Reuters in an interview.

Costa Rica's Alvarado pitches IMF package as economic lifeline

24 Sep 2020

SAN JOSE, Sept 23 Costa Rican President Carlos Alvarado predicted more economic pain without a major aid package from the International Monetary Fund, arguing that inflation and unemployment would get worse without it, he told Reuters in an interview on Wednesday. (Reporting by Alvaro Murillo; Editing by David Alire Garcia and Tom Hogue)

Costa Rica proposes tax hikes, austerity ahead of IMF negotiation

18 Sep 2020

SAN JOSE, Sept 17 Costa Rica on Thursday proposed privatisations, tax increases and additional austerity measures ahead of a negotiation with the International Monetary Fund (IMF) over a package to help the Central American country's struggling economy.

Costa Rica researchers to trial coronavirus treatment from horse antibodies

06 Sep 2020

SAN JOSE Researchers in Costa Rica are due to begin trials of an inexpensive coronavirus treatment based on antibodies taken from horses injected with the SARS-Cov-2, the virus that causes COVID-19, according to scientists.

Ex-Costa Rican leader drops bid to lead Inter-American Development Bank

03 Sep 2020

SAN JOSE Former Costa Rican President Laura Chinchilla has dropped her bid to head the Washington-based Inter-American Development Bank (IDB), and criticized a process seen favoring U.S. President Donald Trump's pick to lead the institution.

Costa Rica to begin staggered reopening as July coronavirus cases jump

30 Jul 2020

SAN JOSE The Costa Rican government will begin an economic reopening on Saturday in a bid to reverse a sharp coronavirus-induced slowdown, the president said on Wednesday, even though the official tally shows the COVID-19 caseload continuing to rise.

Costa Rica registers record 931 new coronavirus cases and 11 deaths

26 Jul 2020

SAN JOSE Costa Rica's Health Ministry reported a record 931 new coronavirus cases and 11 deaths on Saturday, both single-day highs for the small Central American nation where 72% of all its confirmed cases have been registered since the beginning of this month.

Nicaraguans stuck at Costa Rica border after Managua bars re-entry on virus fears

24 Jul 2020

SAN JOSE Hundreds of Nicaraguans are stuck in limbo between Costa Rica and Nicaragua after their homeland refused to allow them back without proof that they are not infected with the coronavirus, authorities said on Friday.

Nicaraguans stuck at Costa Rica border after Managua bars re-entry on virus fears

24 Jul 2020

SAN JOSE, July 24 Hundreds of Nicaraguans are stuck in limbo between Costa Rica and Nicaragua after their homeland refused to allow them back without proof that they are not infected with the coronavirus, authorities said on Friday.

Costa Rica to start talks with IMF over loan, says president

13 Jul 2020

SAN JOSE, July 12 Costa Rican President Carlos Alvarado on Sunday said the Central American nation will begin negotiations with the International Monetary Fund (IMF) to access a financial aid package to help offset the economic blow from the COVID-19 pandemic.

World News

Biden says UK border with Ireland must be open

U.S. President-elect Joe Biden said on Tuesday he did not want to see a guarded border between Ireland and the United Kingdom, adding that he had previously discussed the matter with the British and Irish prime ministers and other European leaders.