LatinNews Daily - 19 January 2021

In brief: Costa Rica’s fiscal deficit less than projected

* Costa Rica’s finance ministry has released new figures which show that the country’s fiscal deficit closed 2020 at 8.34% of GDP. This is up from 6.94% of GDP in 2019 but less than the official forecast of 9.2%. According to the figures, as of December 2020 central government debt totalled ¢24.29bn (US$39.6bn), equivalent to 69.7% of GDP, of which 76.2% is domestic and 23.8% is external.