Investor Presentaiton

Effects of Fiscal Reform on Private and Public Consumption (in % of GDP) Households Consumption Expenditure -0.29% 2019 -0.61% 2020 General Government Expenditure -0.26% 2019 -0.71% 2020 Macroeconomic Program 2019-2020 Costa Rica GDP Growth and Disposable Income -0.55% 2019 Total Effect -1.31% 2020 34

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