Costa Rica has become the first country in the world to accept a $5m donation from Google to help save its economy, in the first such donation to the country in five years.
Google said on Monday it was the first company to accept the money to help create an independent Costa Rican board that will help it develop its own food and agriculture policies.
“Costa Rica is a small country, but its leaders deserve recognition for their efforts in improving the lives of its people, said Greg Johnson, Google’s director of agriculture.”
We’ve seen the incredible growth of this country in recent years, and it’s time for our leaders to make sure it continues,” he said in a statement.
The Costa Rican government has been battling drought since 2013, and a recent court ruling in favour of the country’s farming community means that some farmers have been unable to sell their crops because they can’t find money to pay rent.
The country has been in recession for years.
In 2017, the country reported an annual inflation rate of 13% and had the worst food price inflation rate in the region.