Cubero calls for expanded IMF role

Costa Rica governor endorses Resilience and Stability Trust proposal

The Central Bank of Costa Rica
Rachael King

The governor of Costa Rica’s central bank called for the International Monetary Fund to take a broader role in emerging markets in an October 11 talk.

Rodrigo Cubero Brearley said that the fund needed to offer “longer-term, lower-rate [lending] facilities for a broader membership”. He specifically mentioned the proposed Resilience and Sustainability Trust, which he called “a great initiative which deserves strong support”.

The governor added the trust should offer “broad eligibility,” as well

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