January 23, 2024 The Nicaraguan economy remained resilient through multiple shocks over the past five years, supported by appropriate policies, substantial pre-crisis buffers (primarily government deposits), and multilaterals support. After…
Category: NICARAGUA
IMF Executive Board Concludes 2023 Article IV Consultation with Nicaragua
January 23, 2024 On January 16, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Nicaragua and considered and endorsed the staff appraisal without…
Nicaragua: Staff Concluding Statement of the 2023 Article IV Mission
November 24, 2023 A staff team from the International Monetary Fund (IMF), led by Ms. Alina Carare, visited Managua during November 6-17 for the 2023 Article IV Consultation. The team met…
Nicaragua: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nicaragua
January 31, 2023 Substantial pre-crisis buffers (primarily government deposits), prudent policies, and official external financial assistance helped Nicaragua recover well from a protracted downturn during 2018-2020 caused by the socio-political…
IMF Executive Board Concludes 2022 Article IV Consultation with Nicaragua
January 31, 2023 The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Nicaragua. Prudent macroeconomic policies, substantial pre-crisis buffers (primarily government deposits) and…
Nicaragua: Staff Concluding Statement of the 2022 Article IV Mission
November 18, 2022 A staff team from the International Monetary Fund (IMF), led by Ms. Alina Carare, held virtual discussions during November 3-4, and visited Managua during November 7-15 for…
IDB Group Presents Comprehensive Plan to Help Central America Confront Natural Disasters
February 26, 2021 UP TO $1.6BN WILL BE MADE AVAILABLE TO HONDURAS, GUATEMALA AND NICARAGUA OVER THE NEXT TWO YEARS TO INVEST IN REDUCING THEIR VULNERABILITY TO NATURAL DISASTERS The…
Canadian company extends PPA in Nicaragua into 2039
By: Staff Writer December 29, 2020 A Canadian firm extends their power purchase agreement (PPA) in geothermal facility in Nicaragua into 2039. Polaris Infrastructure, a Toronto-based company engaged in the operation,…
IMF takes note of massive trade shock in Central America at height of COVID-19 pandemic.
By Staff Writer December 18, 2020 The International Monetary Fund (IMF) released a country focus on the Central American region, looking at the impact the COVID-19 pandemic and Natural disasters…
IMF gives Nicaragua $185m in emergency support to help with COVID-19 fallout.
By: Staff writer November 22, 2020 COVID-19 has slammed Nicaragua and they are asking from the International Monetary Fund (IMF) some $185.53m in emergency funds. In a release, the international…