Government of Nicaragua delivers letter to IMF stating its intentions

The Government of Nicaragua has committed to the IMF to finish the year with an inflation index of 18.1%

Friday, August 29, 2008

It also hopes that the Gross Domestic Product (GDP) of the country will grow by 3 to 4%, according to the president of the Central Bank (BCN), Antenor Rosales.
The president of the BCN said that the "letter of intentions" shows the commitment of Nicaragua to maintain macroeconomic and financial stability, which will be reviewed in Washington in the next few months in order to maintain the agreement with the country so that credit cooperation (valued at $118 million) by the organization con continue to flow.

More on this topic

Costa Rica: Quarterly GDP Up 3.4%

July 2017

In the first quarter of the year, household final consumption and private construction investment accounted for most of the annualized 3.4% increase in GDP.

From a report by the Central Bank of Costa Rica:
In the first quarter of 2017, economic activity, measured by the cycle trend of the real Gross Domestic Product (GDP), grew at an annualized rate of 3.4%, mainly reflecting higher final household consumption expenditure and to a lower extent, an increase in investment in private construction, since external demand showed a moderation in its growth.

Panama to Grow 5.6% in 2016

October 2016

The government plans to close the year with growth of 5.6% in GDP, and estimates and an increase of 6.3% for 2017.

From a statement issued by the Ministry of Economy and Finance: 

Panama's economy continues to grow strongly and steadily, in the context of low inflation, low unemployment and good fiscal performance. 

Costa Rican GDP Down 2.3%

September 2009

In the second quarter of 2009, the country's Gross Domestic Product dropped 2.3% when compared to the same period of 2008.

The most affected sectors were industry, commerce, restaurants and hotels, and construction.

"GDP fell 2.3% in the second quarter when compared to last year, while it had dropped 0.8% in the first quarter", reported

El Salvador's GDP grows by 4.2%

August 2008

The Salvadoran economy showed signs of resistance to the international crisis during the first trimester of 2008.

As of March, the GDP grew by 4.2%, according to the Central Reserve Bank (BCR). The Monthly Index of Economic Activity (MIEA) grew by 3.6% in May, according to the BCR, which kept its growth projections at 4% for 2008.

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