Costa Rica. During the course of the year, Costa Rica has regulated its relations with neighboring countries with regard to border demarcations. In June, an agreement was reached with Nicaragua regarding shipping on the San Juan River, an issue that has hindered the countries’ cooperation for two years. In October, Congress also ratified an agreement on the maritime border with Colombia, six years after its signing.
In the economic sphere, in March, after five years of negotiations, Congress approved an end to the state monopoly in electricity supply and telecommunications – a victory for the government, but unions and students protested.
However, a proposal by Governor Eduardo Lizano to follow Ecuador’s example and “dollarize” the economy has been received coolly by the government.
- ABBREVIATIONFINDER: Offers three letter and two letter abbreviations for the country of Costa Rica. Also covers country profile such as geography, society and economy.
Vaccination against covid-19 begins
The first vaccinations against covid-19 in Latin America are being carried out in Costa Rica, Mexico and Chile. People and staff in nursing homes receive the first injections in Costa Rica, which have received nearly 10,000 doses in a first round. The vaccine from Pfizer and Biontech is manufactured in Belgium. Just over 2,000 people have now died in covid-19 in Costa Rica. As in many other places, the healthcare system is severely strained by the pandemic.
IMF negotiations are dropped after protests
President Carlos Alvarado withdraws a proposal for negotiations with the IMF after extensive protests, with roadblocks and outbreaks of violence in which several police officers were injured. The opposition, which dominates parliament, is critical of the IMF negotiations focusing on temporary tax increases instead of cuts in public spending. Alvarado now calls instead for a national dialogue, with business, trade unions and academics, to resolve the country’s acute economic situation. The budget deficit is expected to grow to 9.7 percent of GDP this year, due to the corona pandemic. Costa Rica has long had very few cases of corona infection, but the number has increased since mid-July. The number of confirmed cases now amounts to just over 80,000 and the number of deaths in covid-19 is approaching 1,000.
According to COUNTRYAAH, the population of Costa Rica in 2000 was 3,962,261, ranking number 120 in the world. The population growth rate was 2.250% yearly, and the population density was 77.6023 people per km2.