Costa Rica has a subscribed capital of USD714.00 million and holds 10.79% of the shares of CABEI’s capital structure. At the close of 2020, the country has made capital payments for USD127.50 million. The Bank’s support to this founding member during the 2016-2020 period involved USD2.4 billion in approvals and USD1.6 billion in disbursements. During 2020, the Bank approved USD705.2 million to attend the COVID-19 pandemic, improve water systems, and foster the country’s competitiveness and social equity, while disbursing USD247.3 million for sewerage works and expanding the hospital and road infrastructure, among others.
CABEI continues to support Costa Rica in the development of sustainable initiatives that improve the life quality of its inhabitants.
Through multiple technical cooperations, donations and initiatives, we contributed to reactivating the country's economy in the context of the COVID-19 crisis. CABEI has shown historical support in both private and public sectors through technical advice and financing of outstanding projects with great impact for Costa Ricans.
Through the MSME Support Facility launched by CABEI in 2020, at the end of 2022, a total of 7,830 Costa Rican jobs were preserved.
Major renewable energy, water and sanitation, hospital and road projects have been executed with the support of the multilateral.