
New Costa Rican President Rodrigo Chaves vowed to keep up with payments to relieve years of mounting debt in his inaugural address on Sunday, the first day of his four-year term.
Chaves previously said he would rework a $1.78 billion financial support package from the International Monetary Fund (IMF) in a bid to consolidate finances in the country with the heaviest debt load in Central America, at 66.5% of gross domestic product.