USAID. MISSION TO COSTA RICA
Project to help the Government of Costa Rica (GOCR) redress its balance of payments deficits and meet its agreement with the International Monetary Fund (IMF) and to support the Caribbean Basin Initiative in Costa Rica.
1982
Abstract
The Central Bank of Costa Rica (BCCR) will channel grant funds to the private sector; local currency generated by the grant will finance social/economic programs managed by the Costan Rican Coalition for Development Initiatives. Conditionality will focus on supporting the GOCR-IMF agreement. Amendment No. 1 of 5/27/83 to Projects 515K602 and 5150186 increases funding and places particular emphasis on private sector investments and exports. Local currency equivalent to grant funding will be used by the BCCR to finance housing projects, investment production credit for a land distribution program, and other development activities. (PD-AAN-977)
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