Pro-Market Economist Wins Costa Rica Presidential Election
- Chaves promises to boost growth, which has lagged behind peers
- Nation’s dollar-denominated bonds rallied in Monday trading
This article is for subscribers only.
Former World Bank economist Rodrigo Chaves won Costa Rica’s presidential election pledging to cut the deficit and attract foreign investment.
His rival Jose Maria Figueres conceded, and Chaves led with 53% to 47% for Figueres, with 98% of the votes tallied on Sunday night.