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Costa Rica Seeks IMF for Loans

03/04/09 23:02

Costa Rica is said to be having talks with the IMF to obtain a loan. An IMF spokesman says that they are in discussions for a precautionary standby agreement which adds that there is no real timeframe for the loan to be approved. The loan loan could be up to $750 million, but the Central bank officials and IMF won't give a specific number. More details on the link below

News: Costa Rica's Daily News

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20090304-230226-Costa-Rica-Seeks-IMF-for-Loans imf loan 'Costa Rica Seeks IMF for Loans'