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Lake Atitlan, Guatemala

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.

News and Highlights

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Press Release: Central America, Panama, and the Dominican Republic: Challenges Following the 2008-09 Global Crisis

January 21, 2013 click for more

Letter of Condolence of the IMF Deputy Managing Director, Naoyuki Shinohara, to Guatemala's IMF Governor, Bank of Guatemala's President Edgar Barquín

November 12, 2012 click for more

Elected president meets IMF authorities

XI Annual Regional Conference on Central America, Panama and the Dominican Republic; July 26-27, 2012 click for more

Danilo Medina discuss possible agreement with IMF

XI Annual Regional Conference on Central America, Panama and the Dominican Republic; July 26-27, 2012 click for more

Danilo Medina takes on agreement with IMF

XI Annual Regional Conference on Central America, Panama and the Dominican Republic; July 26-27, 2012 click for more

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Central America and The IMF

Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with El Salvador

December 11, 2014

Press Release: IMF Executive Board Approves US$113.2 Million Stand-By Arrangement and US$75.4 Million Stand-By Credit Facility for Honduras

December 4, 2014

Press Release: Statement at the Conclusion of an IMF Visit to El Salvador

November 21, 2014

Honduras -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 19, 2014

November 19, 2014
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Press Release: IMF Staff Concludes Visit to the Dominican Republic

November 13, 2014

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Regional Economic Outlook Update: Western Hemisphere

image from the publication cover

Growth in Latin America and the Caribbean (LAC) has slowed down more than anticipated, as weak dynamics in South America have outweighed an incipient recovery in Mexico. Lower-than-expected external demand and softer terms of trade explain some of the weakness, but domestic supply-side bottlenecks and policy uncertainties have also weighed on confidence and private demand in several economies. Notwithstanding the projected pick-up in activity over the period ahead, growth is projected to be as low as 1.3 percent in 2014 and 2.2 percent in 2015. Spare capacity remains limited, however, underscoring the urgency of supply-side reforms to boost productivity and potential growth. Monetary policy and exchange rate flexibility should continue to serve as the first line of defense against adverse shocks, while a looser fiscal stance is unwarranted in most countries, especially those with weak public finances. Financial sector risks bear close monitoring, as the confluence of lower growth, rising U.S. interest rates, and geopolitical tensions could pose a considerable challenge. Click for more

2014 Annual Meetings

Regional Resident Representative for Central America, Panama, and the Dominican Republic

Mario Garza

Mario Garza
Regional Resident Representative
7a Ave. 22-01, Zona 1
Central Bank of Guatemala
Guatemala City
PBX IMF (502) 2390-6060
PBX BANGUAT: (502) 2429-6000 Ext. 7760
Email: ca-office@imf.org