LatinNews Daily - 07 December 2022

* Costa Rica’s government led by President Rodrigo Chaves has unveiled the country’s national development plan for 2023-2026 which outlines a roadmap for the next four years, defined by seven national goals and 239 sectoral goals. The seven national targets focus on the areas of economic growth, public debt, unemployment, poverty, inequality, citizen security and decarbonisation. As regards economic growth targets, the plan’s objective is for the country’s GDP growth to exceed 3% each year; for public debt to be reduced to 78% of GDP by 2026 (from 81.8% in 2021); for unemployment to drop to 9.5% by 2026, down from 16.4% in 2021; and for the poverty rate to reach 19.5% in 2026, down from 23.0% in 2021. Other targets include reducing the country’s Gini coefficient (a measure of inequality in which 0 indicates perfect equality and 1 equals maximum inequality) from 0.517 in 2021 to 0.493 in 2026; reducing the number of homicides to 521 in 2026, down from 599 in 2021; and reducing the country’s rise in carbon emissions from 5.9% in 2021 to -1.4% in 2026.

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