According to the IMF, in the first half of the year, the Salvadoran economy increased above the estimated potential, the inflation remained low and the fiscal position was better than expected.
From the International Monetary Fund statement:
An International Monetary Fund (IMF) team, led by Ms. Alina Carare, visited San Salvador from November 12 to 16, 2018 to discuss recent economic and financial developments.
According to the Central Bank, Costa Rica's economy could grow 3.2% this year, less than was initially expected, and the fiscal deficit could reach 7.2% of GDP.
In its revision of the Macroeconomic Program 2018-2019, the Central Bank of Costa Rica (BCCR) foresees that this year's GDP growth will be 3.2%, below what was estimated in the Program presented at the beginning of the year, when the monetary authority projected growth of 3.6% at the end of the year.
In spite of the economic progress that has been achieved in Costa Rica, employment growth has stagnated, results in education are deficient, and anti-competitive regulations continue to hinder business development.
The latest OECD economic study on Costa Rica details the factors that support the significant socio-economic achievements of the last decades, as well as the pending challenges to ensure sustainable and more inclusive growth.
This year it is projected that growth in the Honduran economy will moderate to 3.7%, partly influenced by political uncertainty and less favorable external conditions.
From a statement issued by the IMF:
An International Monetary Fund (IMF) mission, led by Roberto Garcia-Saltos, visited Tegucigalpa during April 3-12 to conduct the 2018 Article IV consultation.
Lack of a "country agreement to escape the vicious circle of lack of growth, investment and employment, and excessive bureaucracy" continues to affect the business climate.
From a report on the Legal and Institutional Situation by the Salvadoran Foundation for Economic and Social Development:
The report is divided into 3 chapters, in which an analysis is undertaken of the most important issues that occurred during the semester relating to the rule of law, transparency, security and the business climate.Among the most noteworthy findings, the following are mentioned:
A World Bank analysis indicates how the vicious circle of crime, violence and low growth is limiting competitiveness, discouraging entrepreneurship and investment.
From the document "Unlocking economic potential for greater opportunities" by the World Bank:
Honduras’ history of low and volatile economic growth and high inequality have created the conditions for the emergence of two mutually reinforcing cycles: (i) a high crime-low growth cycle; and (ii) an emigration/remittance flows-low growth cycle. Over the last 15 years these cycles have shaped the challenges faced by Honduras and have continued to impact the country’s growth prospects.
The government projects that the Panamanian economy will grow at an average annual rate of 6.3% over the next five years.
From the Ministry of Economy and Finance:
The Cabinet Council gave its approval to the Ministry of Economy and Finance (MEF), of the Medium Term Fiscal Framework 2017-2021, as set out in Article 18 of Law 34 of 2008, better known as Fiscal Social Responsibility Law.
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.
"The ongoing economic recovery in the United States and persistence of relatively low oil prices will provide favorable tailwinds to the region.Because of supply constraints, the region is expected to maintain a moderate pace of growth in coming years."
From the press release by IMF:
Central bank governors, finance ministers, and banking superintendents of Central America, Panama, and the Dominican Republic, and senior IMF officials met in El Salvador on July 23-24 to review the economic outlook for the region and strategies to strengthen policy frameworks and raise inclusive growth. The regional conference saw the participation of the President of El Salvador, Salvador Sánchez-Cerén; Governor of the Bank of México, Agustín Carstens; Director of the Netherlands Bureau of Economic Policy Analysis, Laura van Geest; and former Finance Minister of Perú, Luis Carranza.
"Nicaragua has advanced greatly in recent years consolidating its economic stability, improving macroeconomic balances and reducing vulnerabilities."
From a statement issued by the International Monetary Fund (IMF):
Mr. Min Zhu, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement at the conclusion of his visit to Nicaragua today:
For this year the Central Bank of Honduras has projected economic growth of between 3% and 3.5% and inflation of between 4.5% and 6.5%.
From a statement issued by Banco Central de Honduras:
The Board of the Central Bank of Honduras (BCH) has approved the Monetary Programme (FP) for 2015-2016, which contains policy measures to be adopted based on projections of key macroeconomic variables under the national and international current economic context.
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.
Just as a company can not make decisions without information regarding the course of its business, no country is able to create a long term development plan without knowing its real needs in depth .
The last census to be published is the one from the Population Reference Bureau (PRB), but "... Some of the data provided are not complete for the country. "
The National Foundation for Development is predicting better economic performance in 2015 driven by FOMILENIO projects but warns of the need to adjust public spending.
From a statement issued by the National Development Foundation (FADE):
In 2014 the low growth in economic activity persisted. The IVAE recorded growth of 0.4% in September, indicating, with a very high probability that GDP growth will be below 2.0%.