"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:
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%.
The economy grew by 4.6% in 2013, driven by private consumption, exports and government spending.
The greater optimism envisioned by entrepreneurs for the future of the economy validates the results achieved in 2013, according to the Economic Situation report by the Foundation for Economic and Social Development (Funides).
Funides report:
The economy grew for the third consecutive year at high rates.