LatinNews Daily - 03 September 2019

* Costa Rica’s President Carlos Alvarado has unveiled a new plan aimed at driving economic growth. The plan, which is due to be unveiled fully over the new few days, will comprise four components. These include: public investment (with plans to spend C$1.734bn [US$3m] on road infrastructure as well as plans to construct hospitals, schools and aqueducts; private investment – with plans to reduce energy costs and simplify value-added tax rules for the agriculture sector; promoting conditions for people to secure jobs; and measures to limit interest rates charged by credit card companies for consumers). The United Nations Economic Commission for Latin America & the Caribbean (Eclac) forecasts 2.5% GDP growth for Costa Rica for 2019.

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