I am very happy to welcome Costa Rica as the 38th member of the Organization for Economic Co-operation and Development (OECD). The OECD is a unique forum of like-minded democracies dedicated to promoting our common values and meeting our common challenges.
Costa Rica’s membership follows a broad multi-year effort to align its economic policies with OECD recommendations and is a strong signal of confidence in the Costa Rican economy. I congratulate Costa Rica for the rigor in the management of the various conditions of membership. Costa Rica has made great strides in reducing its budget deficit amid the difficult COVID-19 backdrop. I applaud his deal with the International Monetary Fund and hope to see a national consensus to make the necessary reforms to fully implement the deal. I would like to pay tribute to Manuel Tovar, Permanent Representative of Costa Rica to the OECD, for his dedication and commitment as Costa Rica completed its accession process.
Costa Rica’s membership comes at an opportune moment in the history of the OECD, as the organization celebrates its 60th anniversary and takes on the leadership of a new Secretary-General. As Chair of this year’s 60th Anniversary Ministerial Council meeting, I look forward to our enhanced partnership as OECD members focus on supporting a better and better rebuilding global economic recovery and defending itself. our common values.