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Costa Rica Limits Interest Payments On Foreign Debt

ISSN:1089-1560
LADB Article ID: 077529
Category/Department: General
Date: Wednesday, December 3, 1986
By: Deborah Tyroler

In late October, the Costa Rican government notified foreign commercial bank creditors that it will pay only $5 million per month for interest on the debt. Meanwhile, the government is negotiating the restructuring of a part of its $4.5 billion ...

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