{
  "title": "IMF - Regional Resident Representative Office in Central America, Panama, and the Dominican Republic",
  "sourceUrl": "https://www.imf.org/en/countries/resrep/cam-region",
  "canonical": "https://www.imf.org/en/countries/resrep/cam-region",
  "overlayPath": "/en/countries/resrep/cam-region/index.md",
  "summary": "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.",
  "profileBlocks": [
    {
      "type": "country",
      "heading": "At a Glance",
      "lines": [
        {
          "text": "CA-7: Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Dominican Republic",
          "href": "http://www.imf.org/external/country/CRI/index.htm",
          "linkText": "Costa Rica,",
          "links": [
            {
              "href": "http://www.imf.org/external/country/CRI/index.htm",
              "linkText": "Costa Rica,"
            },
            {
              "href": "http://www.imf.org/external/country/SLV/index.htm",
              "linkText": "El Salvador,"
            },
            {
              "href": "http://www.imf.org/external/country/GTM/index.htm",
              "linkText": "Guatemala,"
            },
            {
              "href": "http://www.imf.org/external/country/HND/index.htm",
              "linkText": "Honduras,"
            },
            {
              "href": "http://www.imf.org/external/country/NIC/index.htm",
              "linkText": "Nicaragua"
            },
            {
              "href": "http://www.imf.org/external/country/PAN/index.htm",
              "linkText": "Panama"
            }
          ]
        },
        {
          "text": "Costa Rica Joined the Fund on January 08, 1946"
        },
        {
          "text": "El Salvador, Nicaragua, and Panama Joined the Fund on March 14, 1946",
          "href": "http://www.imf.org/external/country/SLV/index.htm",
          "linkText": "El Salvador,",
          "links": [
            {
              "href": "http://www.imf.org/external/country/SLV/index.htm",
              "linkText": "El Salvador,"
            },
            {
              "href": "http://www.imf.org/external/country/NIC/index.htm",
              "linkText": "Nicaragua"
            },
            {
              "href": "http://www.imf.org/external/country/PAN/index.htm",
              "linkText": "Panama"
            }
          ]
        },
        {
          "text": "Dominican Republic and Guatemala Joined the Fund on December 28, 1945"
        },
        {
          "text": "Honduras Joined the Fund on December 27, 1945"
        },
        {
          "text": "Total Quotas: Net cummulative allocation SDR 1,230.60 Million; Holdings: SDR 1,027.62 Million",
          "href": "http://www.imf.org/external/np/fin/data/rms_sdrv.aspx",
          "linkText": "Total Quotas",
          "links": [
            {
              "href": "http://www.imf.org/external/np/fin/data/rms_sdrv.aspx",
              "linkText": "Total Quotas"
            }
          ]
        },
        {
          "text": "Loans outstanding: ECF arrangements (Honduras and Nicaragua) SDR 132.54 Million;",
          "href": "http://www.imf.org/external/country/NIC/index.htm",
          "linkText": "Nicaragua",
          "links": [
            {
              "href": "http://www.imf.org/external/country/NIC/index.htm",
              "linkText": "Nicaragua"
            }
          ]
        },
        {
          "text": "Stand-by Arrangements (Dominican Republic) SDR 703.76 Million"
        }
      ]
    }
  ],
  "sections": [
    {
      "heading": "IMF's Work on Central America",
      "content": "IMF's Work on Central America",
      "url": "https://www.imf.org/en/countries/resrep/cam-region#country",
      "dynamic": true
    }
  ],
  "bullets": [
    "Regional Office: Gerardo Peraza, Regional Resident Representative",
    "Address: 7a Ave. 22-01, Zona 1, Central Bank of Guatemala, Guatemala City",
    "Phone: PBX IMF (502) 2390-6060",
    "Alternate phone: PBX BANGUAT: (502) 2429-6000 Ext. 7760",
    "Email: CAPDR-Office@imf.org",
    "The IMF conducts work in Central America, Panama, and the Dominican Republic through the Regional Resident Representative Office.",
    "Country coverage includes the enlarged Central American region: Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua and Panama.",
    "Official IMF reports and Executive Board documents are available in English and Spanish and deal with Central America as a region and with each of its countries.",
    "XVI Annual Regional Conference on Central America, Panama, and Dominican Republic",
    "IMF Seminars, Conferences, Workshops and Economic Forums",
    "Regional Economic Outlook Update for Latin America and the Caribbean — Press Conference by Ilan Goldfajn, Director of the Western Hemisphere Department, IMF, April 2022.",
    "After successfully weathering a series of shocks, most countries in the region are converging to their (tepid) potential.",
    "Growth is expected to moderate in late 2024 and 2025 while inflation is projected to continue easing, although gradually.",
    "With output and inflation gaps mostly closed but monetary policy still contractionary and public finances in need of strengthening, a further rebalancing of the policy mix is necessary.",
    "Fiscal:",
    "Monetary:",
    "Structural reforms:",
    "Medium-term growth is expected to remain close to its low historical average, reflecting long-standing, unresolved challenges—including low investment and productivity growth—and shifting demographics.",
    "The ongoing reform agenda is noticeably thin, which could lead to a vicious circle of low growth, social discontent, and populist policies unless reforms are advanced.",
    "[IMF's Work on Central America](https://www.imf.org/en/countries/resrep/cam-region#country)"
  ],
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  "generatedAtUtc": "2026-10-02T02:50:55.062Z"
}