Nicaragua: 2012 Article IV Consultation

International Monetary Fund

No 2012/256, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper is an overview of Nicaragua’s performance in the year 2011. The year 2012 is expected to face a recession and a moderation in the global oil prices. The tax revenue collections will be sturdy. The poverty scale will not face any oscillation. The rigid development in the business line, sustaining the electricity sector financially, and low dependence of oil imports are the anticipated preventive measures to overcome these challenges. The Board has taken these ideas as the positive outcome of a strong rule.

Keywords: authorities' resolve; authorities' strategy; central bank of Nicaragua; government's strategy; expenditure restraint; electricity sector; Government finance statistics; Monetary statistics; Electricity; Global; Western Hemisphere; Central America; staff recommendation; growth-enhancing fiscal consolidation path; Public sector; Wages; Caribbean (search for similar items in EconPapers)
Pages: 66
Date: 2012-09-05
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