Nicaragua: Micro, small and medium enterprise development project

The Wordl Bank project supports the update of the Government’s Poverty Reduction Strategy under the National Human Development Plan, which has an emphasis on private sector development.

Sunday, March 30, 2008

During the past six years, Nicaragua has experienced macroeconomic stability with steady positive GDP growth, low inflation, stable exchange rates and declining interest rates. Foreign investment has climbed to levels not seen since the 1970s and annual GDP growth averaged 3.2 percent between 2001 and 2006. However, this level of economic growth is inadequate to ensure long term economic growth and poverty alleviation, and the sustainability of these positive tendencies is not clear. Growth in GDP per capita averaged only 2.1 percent between 2001 and 2006 and after remaining in the single digits between 2001 and 2005, consumer price inflation jumped to an estimated at 17 percent in 2007 (IMF), largely driven by high oil prices and the effect of Hurricane Felix.

More on this topic

Elections in Nicaragua Confirm Continuity

November 2016

According to Fitch Ratings the reelection of Daniel Ortega as president of Nicaragua means stability in the country's economic policies.

EDITORIAL

Stability and economic and political continuity is what Fitch Ratings envisages for Nicaragua after the outcome of the presidential elections last Sunday, in which President Daniel Ortega was declared the winner, with 70% of the vote, according to a report by the Supreme Electoral Council. 

IMF Details Problems in El Salvador

May 2016

The IMF has indicated political polarization, high crime and outward migration, rising unit labor costs and high logistics costs, barriers to entry and expansion of business, fiscal uncertainty, and limited human capital.

From a statement issued by the IMF:

The IMF staff team visited San Salvador during April 25—May 6 for the 2016 Article IV consultation and held fruitful discussions with the Salvadoran authorities, parliamentarians, business community, academics, and social partners.

Nicaragua Praised by the IMF

February 2016

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in per capita consumption.

From a press release issued by the IMF:

On January 28, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Nicaragua.

Port-City of Limon Integrated Infrastructure Project

December 2007

Although Costa Rica continues to be regarded as a development success story, recent years have seen the emergence of significant challenges for sustained economic growth and poverty reduction.

Costa Rica still combines a long tradition of political stability with indicators that outstrip regional

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


ATENAS: 13 HA, 1.5 KM from Highway 27, US$ 11/m2

Prime Lake Front Real Estate near San Jose, CR Now Available for Development, an extraordinary commercial real estate opportunity.
A lush 32 acre/13 hectare plot located just West of the...

Stock Indexes

(Aug 23)
Dow Jones
-0.27%
S&P 500
-0.28%
Nasdaq
-0.20%

Commodities

(Aug 23)
Brent Crude Oil
51.890
Coffee "C"
128.95
Gold
1,289
Silver
16.995