Day: November 14, 2020

Using international reserves would cause the country to lose international confidence. Says the president of the BCCR

The President of the BCCR, Rodrigo Cubero, presented the issue of international reserves and stressed that this means that they are external assets of immediate availability, which implies that it is not possible to invest in government bonds, as some have proposed. “If the Central Bank did not have these reserves in instruments that can …

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Dialogue Day closes with agreements on Tax matters

The multisectoral table agreed on Friday afternoon a series of high-consensus and sectoral proposals on evasion, avoidance, tax fraud and tax efficiency. Also, in response to the request of the sectors, the President of the Central Bank of Costa Rica (BCCR), Rodrigo Cubero, spoke about what the use of international reserves would imply for the …

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