IMF Approves US$790 Million Stand-by Arrangement for El SalvadorIMF approved a 36-month, US$790 million Stand-By Arrangement for El Salvador to help the country mitigate the adverse effects of the global crisis.Thursday, March 18, 2010
The new arrangement, which the authorities intend to treat as precautionary, will succeed the 15-month SBA approved on January 16, 2009. Source: International Monetary Fund ¿Busca soluciones de inteligencia comercial para su empresa?El Salvador as seen by the IMFApril 2011 For 2011, improved prospects for external and domestic demand are expected to lift output growth, although high global fuel and food prices will increase inflation and the external current account deficit. IMF Concludes First Review of El Salvador’s Stand-By ArrangementSeptember 2010 The Executive Board of the International Monetary Fund (IMF) has concluded the first review of El Salvador’s performance under its 36-month Stand-by Arrangement. Honduras Reaches Stand-by Agreement with IMFSeptember 2010 The agreement, which expires in March 2012, will enable the country to get immediate access to funds worth $196 million. IMF Evaluates Costa Rican EconomyJune 2010 The International Monetary Fund recommended the country’s Central Bank to accelerate the transition to an inflation targets system and implement greater flexibility in the currency exchange rate.
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