Unemployment, Social Issues To Weigh On Economic Reform Agenda In Costa Rica

• Opposition to fiscal austerity, a fragile governing coalition and the debates over social issues will limit policy formation in Costa Rica over the coming months.
• Fitch Solutions do not expect President Carlos Alvarado will have the political support to enact additional fiscal consolidation measures in the coming quarters.
• However, Fitch maintains Costa Rica's score of 64.9 out of 100 in our Short-Term Political Risk Index, as relatively strong social services and per capita GDP help to mitigate risks to social stability.  

(Source: Fitch)