Nicaragua: Staff Report for the 2013 Article IV Consultation

International Monetary Fund

No 2013/377, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2013 Article IV Consultation highlights that during the past two years, macroeconomic developments in Nicaragua have been generally favorable. Real GDP grew by an average of 5¼ percent during 2011–2012, and the annual average inflation was 7¼ percent during the same period. Looking ahead, the macroeconomic outlook also remains broadly positive. Real GDP is expected to grow by 4¼ percent in 2013 and then stabilize at its potential level of 4 percent over the medium-term. Inflation is projected to remain at about 7 percent supported by the crawling-peg exchange rate system that has helped anchor inflation expectations.

Keywords: ISCR; CR; debt; deficit; Nicaragua; government; inflation expectation; government of Nicaragua; Nicaraguan authorities; headline inflation; oil import financing agreement; IMF recommendation; Oil; Public and publicly-guaranteed external debt; Balance of payments statistics; Global (search for similar items in EconPapers)
Pages: 80
Date: 2013-12-27
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Citations: View citations in EconPapers (40)

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