International Monetary Fund (IMF)
The International Monetary Fund (IMF) is a specialized agency of the United Nations, established by international treaty in 1945 to promote the effective functioning of the global economy. The IMF has 183 member countries.
Costa Rica joined the IMF through Law No. 55, dated December 1945. Under this law, the Issuing Department of the National Bank of Costa Rica was designated as the sole depositary agent of the National Government in its relations with the IMF and was entrusted with carrying out the corresponding quota subscriptions. Subsequently, under Law No. 4640, published on September 16, 1960, the Central Bank of Costa Rica was appointed as the sole agent and depositary of the Government, and its Board of Directors was made responsible for handling all matters related to the IMF.
The current status of the arrangement and Costa Rica’s relationship with the International Monetary Fund are available at the IMF website.