World Bank Boosts Costa Rica's Fiscal Efficiency

The World Bank has greenlit a $300 million loan to assist Costa Rica in bolstering its fiscal management efficiency.

The executive board's decision is aimed at stabilizing the country's economic framework while ensuring long-term financial improvements.

Set with a maturity of 33.5 years and a variable interest rate, the loan underscores the World Bank's commitment to supporting Costa Rica's fiscal policy enhancements.

(With inputs from agencies.)