Fernando Naranjo
Fernando Naranjo is an esteemed economist and former Minister of Finance in Costa Rica, currently serving as the president of Consejeros Económicos y Financieros S. A. (Cefsa). He is known for his insights into the economic conditions affecting tourism, particularly highlighting the impact of currency exchange rates on the cost of travel to Costa Rica. His recent statements have drawn attention to a decline in tourist arrivals from the United States and Europe during the high season of 2024, attributing it to the country's increased costliness as a destination.
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Recent Mentions
Costa Rica:
Fernando Naranjo indicated that the increase in tariffs would have a strong impact on Nicaragua's economy.
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Honduras:
Fernando Naranjo called for understanding and balance in the new environmental regulations affecting the coffee sector.
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Costa Rica:
El economista Fernando Naranjo aseguró que la reducción en la inversión extranjera se debe a la falta de competitividad originada por la apreciación del tipo de cambio.
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Costa Rica:
Fernando Naranjo is an economist and economic advisor who served as Minister of Finance from 1986 to 1989.
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Costa Rica:
Fernando Naranjo denied having fabricated a 'tailor-made suit' to favor the company MECO in the bidding process for repairing the runway at Liberia airport.
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Costa Rica:
Fernando Naranjo was the director of Civil Aviation who worked with Luis Amador on the airport contract.
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Costa Rica:
Fernando Naranjo, former minister of Finance, explained that VAT is a tax that basically taxes family consumption.
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Costa Rica:
Fernando Naranjo, a former manager of the Banco Nacional, expressed concerns about the situation being perceived as delicate internationally.
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Costa Rica:
Fernando Naranjo considered the removals at the National Bank to be illegal.
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Costa Rica:
Fernando Naranjo, an economist and former Minister of Finance, summarized that Costa Rica has become an excessively expensive destination.
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