April 2021

Opportunities for the construction of a National and Integrated Development Financing Framework in Costa Rica

An evaluation of financing for development to help Costa Rica develop a strategic and integrated financing system and mobilize resources.


Publisher

Ministry of National Planning and Economic Policy, Costa Rica


Document Type

Reports


Country

Costa Rica

Region

The Americas


Building Block

Inception phase

Assessment and diagnostics


Tags

#DFA #PrivateFinance #BlendedFinance #ScalingInvestment

Although Costa Rica has experienced stable economic growth in the last two decades, economic and social challenges remain.

The general purpose of the development finance assessment (DFA) is to help the government develop a strategic and integrated vision of financing for development and adopt a long- and medium-term vision to mobilise resources (public and private, domestic and external) to finance development strategies. This DFA provides critical inputs for creating a strategic and integrated financing framework.

The new report maintains the analysis and recommendations of the original DFA in 2018 but has been updated to incorporate recent developments. It provides analysis, options for reforms and measures to improve fiscal space, the effectiveness and efficiency of public spending, the integration of planning and financing systems, and specific guidance for developing a selected set of financing flows.