Guatemala: Public Debt Exceeds 23% of GDPMonday, October 15, 2018 Up to August, the external and internal public debt amounted to $18.463 billion, equivalent to 23.4% of the country's Gross Domestic Product. According to figures from the Ministry of Public Finance, in the last nine years the debt to GDP ratio has slightly varied, between 23.3% and 24.8%. Costa Rica in 2018: Fiscal Deficit Closed at 6% of GDPMonday, January 21, 2019 The financial deficit of the Central Government at the end of last year was equivalent to 6% of the Gross Domestic Product, 1.2% less than originally expected. According to the authorities, the fiscal deficit as a proportion of GDP was lower than expected because of the measures taken in terms of collection, expenditure containment and efficiency, and the approval of the Law to Strengthen Public Finances. Central America: Fiscal Outlook - April 2016Tuesday, April 19, 2016 From 2014 to 2015 the size of central governments remained constant at an average 18.5% of gross domestic product (GDP). From the introduction of the report: "Macrofiscal Profiles: 6th Edition" by the Central American Institute for Fiscal Studies (Icefi): The Unstoppable Public DebtThursday, September 13, 2018 "Public debt in terms of simple average for the Central American region will continue growing, reaching 43.1% of GDP in 2018, after having registered 42.5% in 2017." The Central American Institute of Fiscal Studies (Icefi) estimates that for the current year the size of public expenditure of the Central Government in relation to the respective Gross Domestic Product of each country will be 21.4% in Costa Rica, 20.4% in El Salvador, 20% in Honduras, 18.4% in Nicaragua, 17.6% in Panama and 12.1% in Guatemala. El Salvador 2014: Economic Situation IV QuarterThursday, February 26, 2015 In 2014 the performance of most economic indicators was worse than that of 2013, with continued deterioration in public finances. From a statement by the Salvadoran Foundation for Economic and Social Development (FUSADES): Honduras: Foreign Debt Still DownTuesday, November 26, 2019 Up to September 2019, the external debt of the public sector reached $7.285 million, a figure that is $93 million lower than that reported at the close of 2018. From the Central Bank of Honduras report: Honduras: External Debt Up 3% in 2018Tuesday, March 19, 2019 At the end of last year, the public sector's external debt totaled $7.378 million, 3% more than the $7.145 million reported at the end of 2017. The Public External Debt/Gross Domestic Product (GDP) Balance indicator at the end of 2018 stood at 30.5%, 0.6% lower than the figure reported at the end of 2017, informed the Central Bank of Honduras (BCH). Nicaragua: Public Debt Increases to 3%Wednesday, December 4, 2019 As of August 2019, the balance of the country's public external debt reached $6,116 million, 3% higher than the amount reported at the close of 2018. Between December 2018 and August 2019, the ratio of debt to GDP also increased, from 45.4% to 49.3%, according to the most recent report by the Nicaraguan Foundation for Economic and Social Development (Funides). More Spending, More Fiscal DeficitTuesday, October 23, 2018 The budget presented by the Salvadoran government for next year will be 23% higher than in 2018 and increases to $1.613 million the gap to be financed. The Salvadoran Foundation for Economic and Social Development (Fusades) reported that the draft National General Budget 2019 (PP2019) totals US$6,733.2 million, an increase of US$1,265.7 million (23.1%) over the voted budget 2018 and is equivalent to 24.9% of the gross domestic product (GDP) 1. External Debt: Figures up to March 2019Tuesday, June 4, 2019 With regard to the figure for the end of the third month of 2018, up to March of this year the external debt of the public sector of Honduras increased by $151 million. The balance of Honduras' total external debt stood at $9,008.7 million at the end of March 2019, $10.2 million less than that of December 2018, a result of a favorable exchange variation that reduced the balance by $12.9 million and net utilization of $2.7 million (disbursements received by $365.4 million, partially offset by capital payments of $362.7 million), explains a report by the Central Bank of Honduras (BCH). Honduras: Foreign Debt DeclinesWednesday, October 23, 2019 Up to August 2019, the external debt of the public sector amounted to $7.290 million, a figure that is $88 million lower than that reported at the close of 2018. From the Central Bank of Honduras report: External Debt Decreased in First QuarterFriday, April 26, 2019 Compared to the 2018 year-end figure, Honduras' public sector external debt was reduced by $23 million up to February this year. The ratio of public external debt to gross domestic product (GDP) was 29.8%, 1% lower than at the end of 2018 (30.8%), thus indicating the sustainability of public external debt in the medium and long term, since it remains below the prudential limit recommended by the World Bank, informed the Central Bank of Honduras. Panama As Seen by the IMF in July 2015Wednesday, July 8, 2015 The IMF expects economic growth will continue and recommends that the authorities take advantage of the benign inflation level to suspend price controls. From a press release issued by the IMF: |
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