The IMF executive board approved the sixth review of Costa Rica’s EFF, providing around USD 272 mln. An additional USD 243 mln was made available under the RSF. The IMF projects Costa Rica’s real GDP to grow 4% this year and 3.5% next year, with inflation expected to slow to 0.3% in 2024 and increase to 2.9% in 2025. Government fiscal deficit is forecast to narrow to 3% of GDP in 2024 and further to 2.7% in 2025, with central government debt projected to decrease.