Nicaragua : Sixth Review Under the Extended Credit Facility and Financing Assurances Review -Staff Report; Press Release on the Executive Board Discussion.

Publication Date: May 26, 2011
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Summary: Nicaragua's economic performance in 2010 was satisfactory. Real GDP grew, supported by strong consumption and investment. Bank credit started recovering while the financial system remained liquid and profitable. Exchange-rate and monetary policy have contributed to macroeconomic stability. The authorities plan to improve public financial management and also to adopt a legal framework and remain committed to contain the macroeconomic risks from external aid flows. They also welcomed the sixth review and Financing Assurances under the Extended Credit Facility (ECF) arrangement.
Series: Country Report No. 11/118
Subject(s): Bank supervision | Banking sector | Debt reduction | Economic recovery | Extended Credit Facility | Liquidity management | Public debt | Staff Reports

Publication Date: May 26, 2011
ISBN/ISSN: 9781455276561/1934-7685 Format: Paper
Stock No: 1NICEA2011001 Pages: 58
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