The State of the Nation 2018 Report explains that during 2017 and the first months of 2018 the progress of Costa Rica's economy has been adverse and, in the short term, the prospects for economic opportunities, solvency and stability are negative.
Most of the drivers of Costa Rica's economy have declined in recent months, resulting in Costa Rica going through a period of multiple economic and political risks.
Economic growth will range between 3.3% and 3.7% in 2016, led by banking, communications, agriculture, manufacturing, and recovery in the construction sector.
From a statement issued by the Central Bank:
The Board of the Central Bank of Honduras (BCH) in fulfilling its tasks, on February 17, 2016 by Resolution No.56-2 / 2016, approved the 2016-2017 Monetary Programme, which contains guidelines and policy actions, related to credit and exchange in the country, to be implemented in this biennium, based on the recent national macroeconomic performance and behavior and outlook for the world economy.
Slow dynamism in economic activity, public finances which are deteriorating and unchanged as well as growing insecurity marked the first year in office of the President of El Salvador Sanchez Ceren.
From a statement issued by the Foundation for the Development of El Salvador (Melt):
2014 and the first months of 2015 indicate that the economy continues with a low level of performance.
Despite being reduced compared to 2013, the IMF insists that the fiscal deficit remains a thorn in its side for preventing the economy from reaching its full potential.
From a statement issued by the International Monetary Fund (IMF):
January 30, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Costa Rica.
According FUSADES in the last three months the Salvadoran economy continued to show signs of advanced deterioration.
From a statement by the Salvadoran Foundation for Economic and Social Development (FUSADES):
In the third quarter of 2014 the Salvadoran society has found opportunities for economic dialogue in order to address the challenges of low growth, unemployment, migration, and growing public debt.
Construction, mining and financial sectors drove growth in the Gross Domestic Product in the first six months of the year.
From a statement issued by the Ministry of Economy and Finance of Panama:
Growth projection for the closure of the 2014 is held in 7%, leading the region.
Panama's economy grew by 6.2%, in the first six months of 2014, to be located the Gross
Salvadoran businessmen have pointed out that the agreement which intended to stimulate the economy and overcome obstacles to growth, has not provide great results.
Although it is more than a year since implementation of the agreement, the private sector finds it necessary to involve private enterprise more in order for the government to generate better policies to attract investment.
The cost of electricity, resistance to mining and hydroelectric activities, difficulties in setting up businesses and few productive chains are the obstacles to be overcome in 2013.
An article in Prensalibre.com reports that analysts agreed that "the high cost of electricity, the existing conflict with the development of new hydroelectric and mining projects and the reduction in costs for the registration of new companies are among the main challenges facing the country's economy. "
"Panama is still one of the fastest growing countries in the Americas."
A mission from the International Monetary Fund (IMF), led by Corinne Delechat, visited Panama from 7 to November 18 to conduct the annual Article IV Consultation (1). At the end of the discussion, Ms. Delechat issued the following statement in Panama City:
"Panama is still one of the fastest growing countries in the Americas.
Comprised of businesspeople and government officials, the Council aims to foster a climate of trust, communication and collaboration between government and business.
A press release from the Presidency of the Republic of El Salvador states:
Today the President, Mauricio Funes, assembled the National Council for Growth, made up of prominent business and government officials, at the Presidential Palace, as part of the goals of the Partnership for Growth (PAC) Action Plan, signed by El Salvador and the United States last November 3.
Both governments formalized the launch of the program 'Partnership for Growth' (Asocio Para el Crecimiento in Spanish), which aims to promote sustainable growth in the Salvadoran economy and will be implemented over the next five years.
In order to boost investment, it will seek to strengthen the capacity of the Investment Promotion Agency (PROESA in Spanish), to make the process easier and to improve the business climate.
With the exception of the financial sector, which shows a negative trend, the country's monthly index of economic activity confirms the good results, especially for the trade, industry and farming sectors.
Nicaragua's Monthly Index of Economic Activity (IMAE) for August, just published by the country's central bank (BCN in Spanish) has recorded growth of 7.6%.