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Costa Rica Sets 30% Limit On Scheduled Interest Payments

LADB Article ID: 073659
Category/Department: General
Date: Wednesday, January 25, 1989
By: Deborah Tyroler

On Jan. 15, Central Bank chief Eduardo Lizano announced that in 1989, Costa Rica plans to pay the equivalent of 30% of scheduled interest payments on the foreign debt. He said the government made this decision while attempting to reschedule its ...

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