Growth in United States injected spirits to the economy of Costa Rica

Growth in United States injected spirits to the economy of Costa Rica Growth in United States injected spirits to the economy of Costa Rica Growth in United States injected spirits to the economy of Costa Rica

The announcement is important for costa rica since 40% of exports of goods are shipped to the usa.

On the eve of Christmas was released what many Costa Rican businessmen waited for several years: the economy of the United States had, in the third quarter of 2014, its highest growth in the last decade.

 It is a good news for the country. Obviously, if our main partner Comerical grows, it will mean a benefit for our production," said Luis Mesalles, economist and leader of the Union of Chambers and Associations of the private business sector (UCCAEP). However, immediately clarified that that benefit does not happen overnight, but that will take several months to become apparent. Both entrepreneurs and experts consulted by the nation agreed that the positive effect here would begin to be reflected in about six months, but with more force in 2016. TO last November, 40% of the total exports of goods in Costa Rica, was United States as a destination. "If grows the world’s largest economy and most agricultural products we purchase, is relevant," said Juan Rafael Lizano, president of the Chamber of Agriculture and agribusiness of Costa Rica. To keep the growth of the United States, the gross domestic product of Costa Rica could increase above the 3.5 % forecast for 2015; but not to exceed 4 %, said the former president of the Central Bank, Jorge Guardia. "The dynamics of growth will not be enough to change the employment generation in the country", he felt Guard. Obstacles. For Mario Montero, executive director of the Costa Rican Chamber of the Food Industry (Ness), nothing serves him to Costa Rica that their partners abroad grow, if you keep the difficulties in terms of competitiveness. Montero mentioned, mainly, the delay in the local infrastructure. Precisely, the difficulty to run government works was one of the major national problems identified by Olivier Castro, president of the Central Bank. "The Government has a ballast, which is not to make public works ( … ). It is not the same as grow the fiscal deficit by pay wages that works to be done," said Castro last December 22. According to the barometer of business of the firm of Deloitte, the infrastructure is located between the main concerns of senior executives in Costa Rica.

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