Nicaragua: Sixth Review Under the Extended Credit Facility and Financing Assurances Review -Staff Report; Press Release on the Executive Board Discussion.
Electronic Access:
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Summary:
Nicaragua's economic performance in 2010 was satisfactory. Real GDP grew, supported by strong consumption and investment. Bank credit started recovering while the financial system remained liquid and profitable. Exchange-rate and monetary policy have contributed to macroeconomic stability. The authorities plan to improve public financial management and also to adopt a legal framework and remain committed to contain the macroeconomic risks from external aid flows. They also welcomed the sixth review and Financing Assurances under the Extended Credit Facility (ECF) arrangement.
Series:
Country Report No. 2011/118
Subject:
Banking Economic sectors Financial institutions Labor Loans Oil prices Prices Public debt Public sector Wages
English
Publication Date:
May 26, 2011
ISBN/ISSN:
9781455276561/1934-7685
Stock No:
1NICEA2011001
Pages:
58
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