European Parliament Library

Nicaragua :, Seventh Review Under the Extended Credit Facility and Financing Assurances Review: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nicaragua

The Nicaraguan economy continued to post robust growth in the first half of 2011. The Seventh Review Under the Extended Credit Facility (ECF) and Financing Assurances Review highlights that all quantitative performance criteria for end-June 2011 were met and the structural agenda is broadly on track. The fiscal performance of the central government was stronger than envisaged. The deficit in the external current account is projected to remain large and to be financed by resilient capital flows
Table Of Contents
Cover; Contents; I. Economic Developments since the Sixth Program Review; Boxes; 1. The 2009 Tax Reform; II. Outlook; 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; 2. Pension Reform; B. Monetary Policy and the Financial System; C. Structural Policies; 3. Electricity Sector; IV. External Financing and Debt Sustainability Analysis Update; V. Staff Appraisal; Tables; 1a. Quantitative Performance Criteria and Indicative Targets, 2010-11
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (73 p.)
Specific Material Designation
Form Of Item

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