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
Potential Output and Output Gap in Central America, Panama and Dominican Republic
June 12, 2013
Author/Editor: Johnson, Christian
Series: Working Paper No. 13/145 
El Salvador: 2013 Article IV Consultation
May 22, 2013
Series: Country Report No. 13/132
Notes: Also Available in Spanish 
Public Information Notice: IMF Executive Board Concludes 2013 Article IV Consultation with El Salvador
May 22, 2013
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment. 
Guatemala—Concluding Statement of the 2013 Article IV Mission
May 20, 2013
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments. 
Transcript of a IMF Western Hemisphere Department Press Briefing
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. 




