Central Bank of Costa Rica - Annual Report 2006

The Central Bank of Costa Rica intensified its efforts in reducing medium-term inflation in 2006.

To do this, the central bank looked to fortify the use of interest rates as the main transmission mechanism for monetary policy.

The results were highly positive, with inflation falling and economic activity becoming more dynamic. The public sector deficit was also reduced to 0.2% of GDP.

To read the report (available in Spanish only), click here

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