COSTA RICA ISSUES

Costa Rica Issues



Costa Rica Issues

This essay is based on the article with the title known as “Costa Rica receives Positive Economic Ratings”. Fitch Ratings, an international commercial ratings service, have given Costa Rica immense appreciation because of its favourable investment climate. The firm has upgraded Costa Rica's foreign currency IDR to 'BB+' from 'BB'; upgraded its country ceiling to 'BBB-' from 'BB+'; and affirmed its local currency IDR at 'BB. This development has been one of the greatest benefits for Costa Rica's economy. In addition, Fitch has stated Costa Rica's rating outlook as “stable.” Fitch said the advancement ...