IMF Staff Country Reports

Nicaragua: Staff Report for the 2001 Article IV Consultation and the Staff-Monitored Program (SMP) for July-December 2001

Publication Date:

October 2, 2001

Electronic Access:

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Summary:

Nicaragua showed weak economic performance owing to trade shocks, a decline in investment, and slippages in the fiscal and monetary areas, under the Poverty Reduction and Growth Facility Arrangement. Executive Directors noted that an effective implementation of the fiscal program under the Staff Monitored Program (SMP), together with the envisaged privatization and structural reforms, is crucial for maintaining macroeconomic stability. They welcomed the steps to deepen trade liberalization, improve liquidity management, and strengthen the banking system.

Series:

Country Report No. 2001/171

Subject:

Banking Debt service Economic sectors Expenditure External debt Financial institutions Loans National accounts Poverty reduction strategy Public sector Public sector savings