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Inter-American Development Bank OKs USD 500 mln in financing for Costa Rica
The Inter-American Development Bank (IDB) said on Wednesday it has approved two loans totaling $500 million for Costa Rica to move forward with structural fiscal reforms aimed at boosting fiscal management efficiency and promoting sustainable economic recovery.
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"The operations will provide budget support to the country and support policy reforms to ensure fiscal sustainability and uphold short- and medium-term macroeconomic stability," the IDB said in a statement.
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