Last year, economic activity and employment generation continued to rise, cumulative inflation reached 5.7% and international reserves were strengthened.
From a statement issued by the Central Bank of Nicaragua:
For the eighth consecutive year, Nicaragua continued to register a positive macroeconomic performance. Economic activity and job creation continued to grow and inflation remained stable, reaching a cumulative variation of 5.68 percent. The management of public finances continued to be prudent, international reserves were strengthened, while the financial system remained sound. An improved international context and good rainfall favored growth of exports, as well as an increase in the flow of family remittances and tourism which contributed to the strengthening of the country's external position.
Aldesa analyzed the Macroeconomic Program 2011-12, by the Central Bank of Costa Rica, with projections for 2011.
In our view, one of the most important elements of the program and to which attention should be paid, has to do with projections for public finances.
Given the relative similarity of economic conditions between 2010 and 2011, the most important is the role played by the Central Government in managing the growing fiscal deficit.
Guatemala’s economic recovery has continued despite the natural disasters that hit the country in May.
The Executive Board of the International Monetary Fund (IMF) today concluded the fourth review of Guatemala’s economic performance under a program supported by an 18-month Stand-By Arrangement (SBA). The arrangement, in the amount equivalent to SDR 630.6 million (about US$974.7 million) was approved on April 22, 2009 (see Press Release No.
The Costa Rican Central Bank, in its half yearly review of the Macroeconomic Program, held inflationary goals for December 2010 and 2011 constant at 5% and 4% respectively.
The document's prologue indicates that:
"Monetary policy remains focussed on consolidating the deflationary trend observed in the last 19 months. In the medium term the aim is that inflation will converge with levels in the country's main commercial partners.
You can find data on national accounts, inflation, unemployment, payment balance, fiscal indicators, international trade and raw material prices.
The IMF published a series of selected macroeconomic data and raw material prices by country and region, with a two year projection, as part of the statistical appendix to the biannual report on global economic prospects.
Like in other Central American countries, economic growth is expected to decelerate, on the back of the U.S. slowdown.
While real GDP growth rose to 4.7 percent in 2007, a record high in the last decade, it is expected to decelerate to 3.2 percent in 2008. However, the monthly economic activity indicator has signaled a mild but steady slowdown thereafter, reaching an average growth rate of 3.2 percent in the year to August.
A marked slowdown in economic growth and the increase in inflation keep the Nicaragua economy in stagflation.
In the context of an election process and a difficult global situation, this reveals a Nicaragua with a index of risk in the third quarter of the year, greater than for the same period in 2007.
This proposal made by Nestor Avendano, Ph.D in Economics, analyzes a situation which is already complex, indicating that there is a growing deficit in the balance of payment of the country, as a percentage of the expected production for this year which is cause by the rise in international prices in raw materials.