Lake Atitlan, Guatemala. (iStockphoto)
Central America, Panama, and the Dominican Republic Regional Resident Representative Site
Regional Resident Representative Office in Central America, Panama, and the Dominican Republic
January 2010
This web page presents information about the work of the IMF in Central America, Panama and the Dominican Republic, including the activities of the IMF Regional Representative Office. Additional information can be found on the IMF country pages of the enlarged Central American region (Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua and Panama), including official IMF reports and Executive Board documents in English and Spanish that deal with Central America as a region and with each of its countries.
At a Glance : CA-7 Relations with the IMF
- CA-7: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Dominican Republic
- Costa Rica Joined the Fund on January 08, 1946
- El Salvador, Nicaragua, and Panama Joined the Fund on March 14, 1946
- Dominican Republic and Guatemala Joined the Fund on December 28, 1945
- Honduras Joined the Fund on December 27, 1945
- Total Quotas: Net cummulative allocation SDR 1,230.60 Million; Holdings: SDR 1,027.62 Million
- Loans outstanding: ECF arrangements (Honduras and Nicaragua) SDR 132.54 Million;
Stand-by Arrangements (Dominican Republic) SDR 703.76 Million
News and Highlights
Press Release: Central America, Panama, and the Dominican Republic: Challenges Following the 2008-09 Global Crisis
Letter of Condolence of the IMF Deputy Managing Director, Naoyuki Shinohara, to Guatemala's IMF Governor, Bank of Guatemala's President Edgar Barquín
Elected president meets IMF authorities
Danilo Medina discuss possible agreement with IMF
Danilo Medina takes on agreement with IMF
Central America and The IMF
Transcript of a IMF Western Hemisphere Department Press Briefing
Panama: 2012 Article IV Consultation
March 28, 2013
Series: Country Report No. 13/88 
Panama: Selected Issues
March 28, 2013
Series: Country Report No. 13/89 
IMF Survey : Panama: Growth to Remain Buoyant
March 28, 2013
With average annual growth rates of 8.5 percent, Panama’s per capita GDP has more than doubled over the past decade. This impressive growth performance has been driven by a steady rise in public and private investment in a stable economic environment buttressed by prudent policies. 
Costa Rica: 2012 Article IV Consultation
March 22, 2013
Series: Country Report No. 13/79 
Regional Economic Outlook Update: Western Hemisphere
Growth in Latin America is set to pick up to about 3½ percent in 2013, broadly in line with potential. The region continues to benefit from favorable external financing conditions and relatively high commodity prices, but these tailwinds are unlikely to last forever. The key challenges for policymakers today are preserving macroeconomic and financial stability, and building strong foundations for sustained growth in the future. More prudent fiscal policy would help ease pressure on capacity constraints, mitigate the widening of current account deficits, and prepare the economies better to deal with adverse external shocks. Exchange rate flexibility and prudential measures should continue to be used to discourage speculative capital flows. Sustaining strong output growth will require structural reforms to raise productivity growth. 




