Nicaragua: Joint Staff Assessment of the Poverty Reduction Strategy Paper Second Progress Report

International Monetary Fund

No 2004/019, IMF Staff Country Reports from International Monetary Fund

Abstract: The current government has succeeded in reorienting economic policies after a series of shocks and an initial weak policy response. Revised real GDP growth targets are feasible with sustained prudent macroeconomic policies and institutional reforms. The medium-term macroeconomic framework centers on sustained prudent fiscal and monetary policies. The Poverty Reduction Strategy Paper (PRSP) could include a more detailed description of the actions being implemented to strengthen the financial system. The pursuit of fiscal discipline to restore macroeconomic stability has dominated the second year of strategy implementation.

Keywords: ISCR; CR; PRSP; government; poverty; PRSP target; expenditure; government policy; MDG goal; PRSP implementation effort; government representation; Poverty reduction strategy; Poverty reduction; Inclusive growth; Central America (search for similar items in EconPapers)
Pages: 14
Date: 2004-01-28
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