Nicaragua: Joint Staff Assessment of the Poverty Reduction Strategy Paper Second Progress Report

January 28, 2004

Preview Citation

Format: Chicago

Nicaragua: Joint Staff Assessment of the Poverty Reduction Strategy Paper Second Progress Report, (USA: International Monetary Fund, 2004) accessed September 19, 2024

Summary

The current government has succeeded in reorienting economic policies after a series of shocks and an initial weak policy response. Revised real GDP growth targets are feasible with sustained prudent macroeconomic policies and institutional reforms. The medium-term macroeconomic framework centers on sustained prudent fiscal and monetary policies. The Poverty Reduction Strategy Paper (PRSP) could include a more detailed description of the actions being implemented to strengthen the financial system. The pursuit of fiscal discipline to restore macroeconomic stability has dominated the second year of strategy implementation.

Subject: Economic growth, Education, Inclusive growth, Labor, Poverty, Poverty reduction, Poverty reduction strategy

Keywords: Central America, CR, Expenditure, Government, Government policy, Government representation, Inclusive growth, ISCR, MDG goal, Poverty, Poverty reduction, Poverty reduction strategy, PRSP, PRSP implementation effort, PRSP target

Publication Details

Pages:

14
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/019
Stock No:

1NICEA0022004
ISBN:

9781451829204
ISSN:

1934-7685

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