Costa Rican authorities and IMF staff reached a staff-level agreement on the completion of the fourth review of the authorities’ reform program under the EFF and the first assessment of reform measures under the RSF Arrangement. Subject to approval by the IMF Executive Board, the agreement will allow for the disbursement of SDR 206.23 mln under the EFF and SDR 184.70 mln under the RSF. The IMF noted that Costa Rica’s real GDP growth is expected to moderate to 3.0% in 2023, and headline inflation to be within the central bank’s tolerance range later this year.