Costa Rica: The Legislative Assembly Suspends Sessions Due To COVID-19 Exposure

• The Legislative Assembly voted to suspend yesterday’s ordinary and extraordinary sessions due to COVID-19 exposure concerns. A close advisor to Eduardo Cruickshank, the Legislative Assembly President, tested positive.
• The Assembly was nearing the end of the discussions of motions for the public employment bill, having approved extraordinary sessions this week. The public employment bill is a structural benchmark of the IMF three-year Extended Fund Facility (EFF), with an end of May 2021 deadline.
• This the latest unfortunate news representing yet another setback for the government and the proposed approval timeline for the EFF, which could impact future payout under the program.

(Source: Oppenheimer)