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Costa Rica will receive a three-year, $1.78 billion loan from the International Monetary Fund as part of the financial entity’s Extended Fund Facility (EFF). “When a country borrows from the IMF, it commits to undertake policies to overcome economic and structural problems,” the IMF says. “Under an EFF, these commitments, including specific conditions, are expected to have a strong focus on structural reforms to address institutional or economic weaknesses, in addition to policies to maintain macroeconomic stability.” Costa Rica’s objective is to stabilize country’s public debt and reach a primary surplus of 1% by 2023. These are the law projects Costa Rica has agreed to as part of its IMF deal:

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