European Parliament Library

Nicaragua :, Sixth Review Under the Extended Credit Facility and Financing Assurances Review -Staff Report; Press Release on the Executive Board Discussion

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
Table Of Contents
Cover; Contents; I. Developments Since the Fourth and Fifth Reviews; II. Macroeconomic Outlook and Risks; Boxes; 1. The Impact of Commodity Prices on CPI Inflation; 2. Developments in External Competitiveness; Figures; 1. Recent Economic Developments; 2. Selected Fiscal Indicators, 2005-11; 3. External Sector Developments; 4. Monetary and Financial Sector Developments; III. Policy Discussions; A. Fiscal Policy; B. Monetary, Exchange Rate, and Financial Sector Policies; C. Structural Policies; IV. External Financing; V. Staff Appraisal; Tables
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (59 p.)
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Form Of Item

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