Erika Chacón
Erika Chacón is a representative of the Banco Central de Costa Rica, known for her role in discussing and implementing financial strategies related to the management of public liquidity. Recently, she commented on a proposal approved by the Central Bank's Board of Directors, which allows the Ministry of Finance to maintain its deposits within the Central Bank while receiving interest payments. Her insights highlighted the importance of managing these deposits to prevent unnecessary costs associated with monetary sterilization.
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Costa Rica:
Erika Chacón, an official at the Central Bank, stated that the Ministry of Finance's deposits are currently a cost-free liability for the issuer.
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