Costa Rica’s 2024 borrowing strategy plans to issue 4.7% of GDP in local debt, totaling CRC 2.3 tln, primarily in fixed-rate local currency securities, with some USD-denominated bonds. The finance minister criticized legislative constraints on external borrowing and advocated for a bill to synchronize external financing with budget approval, enhancing fiscal management. The central bank aims to issue CRC 1.3 tln, focusing on longer debt maturities.