Funides Analyzes Economy

Possible variations in the economic support from Venezuela could drastically change the evolution of the Nicaraguan economy.

Friday, April 12, 2013

From the first report on economic conditions in 2013, by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

The Nicaraguan Foundation for Economic and Social Development (FUNIDES), presented on Thursday April 11 its first report on economic conditions in 2013, which states that in 2012 the economy grew for the second consecutive year above 5 percent, which is very favorable for employment and poverty reduction. On the supply side, growth was sustained by construction, followed by mining, transport and communications. On the demand side, growth engines were private investment and exports.

FUNIDES indicates that investment occurred primarily in the private sector with real growth of 24.4 percent versus 8.2 percent in the public sector. According to FUNIDES it is encouraging is that, contrary to the results of recent years, where it seemed that growth of local private investment was weak, in 2012 a rebound of this area was seen.



More on this topic

Nicaragua: III Economic Report 2013

October 2013

Growth up to July was 4.8%, the cycle-trend points to an increase of 4.3%.

Third report on economic conditions in 2013, by the Nicaraguan Foundation for Economic and Social Development (FUNIDES):

The Nicaraguan Foundation for Economic and Social Development (FUNIDES) presented on Monday October 21 its third report on economic conditions in 2013, indicating that economic growth remains above 4%, but is still slowing.

Economy of Nicaragua 2012

January 2012

First Economic Situation Report 2012 has been issued by the Nicaraguan Foundation for Social and Economic Development.

Executive summary of the report by FUNIDES:

External Environment

The growth of world economy and in particular in the advanced economies in 2011 was lower than anticipated.

Nicaragua: Economic Situation in June 2011

July 2011

FUNIDES has projected economic growth of 3.5% to 4% for 2011-2013, noting that these are various risks that make the projections err towards the downside.

The executive summary of the second situation report by the Nicaraguan Economic Foundation for Economic and Social Development (FUNIDES) 2011 begins:

Nicaragua Economic Situation Report

September 2010

The economy performed favorably in the first half of the year; the only concern was the increase in inflation.

Nicaragua’s Foundation for Economic and Social Development (FUNDES) presented its second economic situation report of 2010, concluding that the government’s management of the economy remains responsible, but it is worried by increased expenses and some off-budget costs.

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