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Suffering worst drought in decades, Costa Rica orders electricity rationing
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Suffering worst drought in decades, Costa Rica orders electricity rationing
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Suffering worst drought in decades, Costa Rica orders electricity rationing
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Suffering Worst Drought in Decades, Costa Rica Orders Electricity Rationing
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The International Monetary Fund (IMF) said on Friday it will disburse $510 million to Costa Rica following an evaluation mission to the Central American country, whose economy is seen growing by the international lender 4% this year. Subject to approval by the IMF Executive Board, the completion of the sixth review under the Extended Fund Facility will make available some $270 million and completion of programmed reform measures under the Resilience and Sustainability arrangement will make available $240 million, the IMF said.