Weak Economy Will Likely Prevent Reform Efforts In Costa Rica

• Low approval ratings and Costa Rica’s poor economic outlook will constrain President Carlos Alvarado’s fiscal reform efforts.
• Furthermore, the polarising debate over same-sex marriage and other social issues will also contribute to political gridlock over the coming quarters.
• Fitch Solutions maintains it's Short Term Political Risk Index (STPRI) score of 64.9 out of 100, underlining a moderate risk of increased political protests limiting the Alvarado government's capacity to implement reforms.

(Source: Fitch)