Nicaragua : Ex Post Assessment of Longer-Term Program Engagement

Publication Date: September 05, 2012
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Summary: This paper is a report of Nicaragua’s performance under the 2007–11 program. The period was marked by a stern financial crisis, price shocks, and disasters, but the program maintained the macroeconomic stability. Although the program had several hurdles, its achievements were remarkable—approval of tax reforms, improvements in banks' framework, power and electricity framework, dwindled poverty rate, and strong foreign relations. Overall, the Board is in high spirits in the triumph of the program in a critical situation though it had some flaws.
Series: Country Report No. 12/258
Subject(s): Electric power | Ex post assessments | Extended Credit Facility | Fiscal consolidation | Fiscal reforms | Governance | Longer-term program engagement | Public debt

Publication Date: September 05, 2012
ISBN/ISSN: 9781475506648/1934-7685 Format: Paper
Stock No: 1NICEA2012003 Pages: 54
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