This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Nicaragua and the IMF. Additional information can be found on Nicaragua and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Nicaragua.
At a Glance
- Current IMF membership: 189 countries
- Nicaragua joined the Fund in March 14, 1946; Article VIII since 7/30/1964
- Total Quotas: SDR 130.00 Million
- Loans outstanding: ECF Arrangements SDR 64.31 Million
- On January 28, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the 2015 Article IV consultation with Nicaragua
IMF’s Work on Nicaragua
April 29, 2016
April 8, 2016
Author/Editor: Gabriel Di Bella ; Francesco Grigoli
Series: Working Paper No. 16/85
March 30, 2016
February 4, 2016
Series: Country Report No. 16/34
February 1, 2016
Regional Economic Outlook
Managing Transitions and RisksApril 2016
With the global economy still struggling, many countries in Latin America and the Caribbean are facing a harsher world than they did just a few years ago. The growth outlook is weaker in advanced and emerging economies alike, while the gradual slowdown and rebalancing of economic activity in China is likely to keep commodity prices lower for longer. Meanwhile, favorable external financial conditions over the past several years have become more volatile, and risks of a sudden tightening are on the rise.
Against this backdrop, economic activity in Latin America and the Caribbean has been revised downward, compared with our January update and is likely to contract for a second consecutive year in 2016. But the growth outlook varies substantially within the region. While external conditions have placed a large drag on all commodity exporters, countries expected to post negative growth will do so mainly because of domestic imbalances and rigidities at home, and, in certain cases, temporary impact of policies designed to transition away from earlier distortions.
But the news isn't all bad. In the rest of the region—and particularly where policy frameworks have been strengthened over the past two decades—a relatively smooth adjustment continues. Given these broad contours, growth stories vary between the south and north.