Costa Rica finance minister, Nogui Acosta, cautions about economic hurdles resulting from rising interest rates and currency appreciation, which may impinge on corporate profits. Despite substantial deficit reductions, the country expects a broader fiscal gap due to diminished tax revenue stemming from slower economic growth. The fiscal deficit is forecasted to rise to 3.5% of GDP this year, an increase from 2.5% last year, before contracting to 3% the following year. Meanwhile, officials Plan to issue another USD 1.5 bln in global bonds next year, intended to refinance approximately USD 2.4 bln in due dollar debt. Additionally, proposed constitutional reforms could facilitate budget support loans and bond sales while discussions are ongoing to list Costa Rican debt with Euroclear, enhancing accessibility for foreign investors.