Costa Rica has significantly improved inflation targeting – IMF staff
IMF report welcomes end to governors’ terms being linked to presidential elections
The Costa Rican central bank has made significant progress in enhancing its inflation-targeting framework, a staff report from the International Monetary Fund says.
The report particularly welcomes the law which ends the practice whereby each newly elected president appointed a new central bank governor.
The law also clarifies the rules in which the president can be dismissed, the IMF staff say in the article IV report published on February 25.
The current central bank governor, Rodrigo
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