The Ministry of Finance and the Central Bank of Costa Rica officially launched the Financing Plan for the year 2026, The objective of this joint strategy is to ensure fiscal sustainability and maintain the country's macroeconomic stability.
According to the authorities, the Government projects financing needs for approximately 4.2 trillion colones. Of this amount, most of it, about 3.9 trillion colones, will be obtained in the domestic market, while about 270 billion colones will come from external financing subject to legislative approval.
The Treasury also informed that it has already raised 1.6 trillion colones in the local market, which represents an important advance within its financial objectives for this year. The strategy contemplates periodic auctions of securities in colones and foreign currency, as well as debt management operations to improve the maturity profile and strengthen the government's liquidity.
The Central Bank expects to raise a maximum of 423 billion colones through the placement of Monetary Stabilization Bonds and other instruments with terms of two and five years, seeking to gradually transfer resources to longer-term investments.
The authorities indicated that the plan will be reviewed again in August, in order to make adjustments according to the behavior of the economy and financial market conditions.
Thus, the government is committed to maintaining investor confidence and advancing on its path towards greater fiscal sustainability.
This is a news service prepared by ICS. For more information about the story, write to info@ics.cr or call 2519-9992 ICS, tax specialists.