The Ministry of Finance and the Central Bank of Costa Rica presented today the review of the Financing Plan 2025which defines how the necessary resources will be raised to cover the Government's needs during this year.
Initially, the Treasury projected financing of ₡3.5 trillion, of which the majority was expected to be obtained in the domestic market and a portion through external loans and the issuance of Eurobonds. However, in the absence of legislative approval of the latter, pressure on the local market has increased.
To date, The Treasury has already raised ₡1.95 trillion.which represents 60% of the projected totalbut still remains to be placed more than ₡1.2 billion for the remainder of the year.. Minister Rudolf Lücke reiterated the call to the Legislative Assembly to approve external resources to ensure sustainable debt management.
For its part, the Central Bank announced that in plans to raise ₡484 billion this half year.mainly through the placement of short and medium-term bonds.
With these adjustments, both institutions seek to maintain responsible public debt management and stability in the domestic financial market.