Government of Nicaragua delivers letter to IMF stating its intentionsFriday, August 29, 2008 The Government of Nicaragua has committed to the IMF to finish the year with an inflation index of 18.1% It also hopes that the Gross Domestic Product (GDP) of the country will grow by 3 to 4%, according to the president of the Central Bank (BCN), Antenor Rosales. Salvadoran economy, slow but still sureMonday, September 1, 2008 It all depends from which perspective you are observing. The same can be said of the economic balance of the Salvadoran market for the first semester of 2008. While some sectors are warning that the situation has all the symptoms of the preamble to a strong slow-down in production activities, other voices are of the opinion that they have weathered the storm and that the effects are not as bad as feared. Salvadoran Public Debt Reaches 17% of GDPTuesday, May 25, 2010 The public debt of El Salvador would reach $3.67 billion in 2010, or 16.9% of its gross domestic product (GDP). In 2009, the Legislature approved new loans for $2.76 billion. The executive has recently stated that an additional $886 million are required to face short term obligations. Guatemala Revises GDP Growth DownwardFriday, February 27, 2009 The Banguat president argues that the pace of GDP growth, estimated in the range of 3.0% to 3.5% for this year, is not sustainable. Siglo 21 published on its website: "The official explained in a meeting with columnists and economic analysts that the reduction in demand and risk aversion among investors have begun to erode economic development. In fact, she noted that there is a revision pending for GDP growth in 2008, whose preliminary figure is 4.0%. De Bonilla would not reveal how much the revision would be because the technicians of the Central Bank are still doing studies to define it based on multiple factors." Panama: Inflation will surpass 10%Monday, October 13, 2008 Despite the high inflation, the country is still projecting high growth, unlike other countries. The Ministry of the Economy and Finance (MEF) has revised the increase of two of its key macroeconomic projections: the Gross Domestic Product (GDP) and the Consumer Price Index (CPI). Nicaragua needs political will to overcome its problemsMonday, July 14, 2008 Nicaragua needs to grow by at least six percent while holding inflation down to 10 percent. That's the view of economist René Vallecillo, who said the nation is pitifully short of achieving its millennium goals, which include improvement in education, health, drinking water, and lifestyles. El Salvador economic growth target 'out of reach'Wednesday, July 16, 2008 El Salvador's target of 4.2 percent economic growth for this year is out of reach, according to the Salvadoran Fund for Social and Economic Development (Fusades). Álvaro Guatemala, the Fusades executive director, said the nation is facing a serious crisis as a result of high international oil and food prices. Inflation is running at about 9 percent, though the Fusades chief said this was one of the lowest rates in Central America. Economy of Costa Rica up to the Fourth Quarter 2016Tuesday, April 4, 2017 In the fourth quarter of 2016 GDP grew at an annualized rate of 3.6%, reflecting increased external demand and a relatively stable domestic demand. From the report "Evolution of real GDP and balance of payments," by the Central Bank: Nicaragua: GDP Up 4.7% in 2016Monday, March 20, 2017 The best performing sector was the financial services sector, with growth of 9.8%, followed by trade, which recorded an increase of 5.8%. From a report by the Central Bank: Costa Rica: Quarterly GDP Up 3.4%Wednesday, July 5, 2017 In the first quarter of the year, household final consumption and private construction investment accounted for most of the annualized 3.4% increase in GDP. From a report by the Central Bank of Costa Rica: Guatemala: Analysis of Economy in 2013 and Prospects for 2014Friday, January 24, 2014 During 2013 the Guatemalan economy continued to recover and show dynamism in most sectors in the country. The Monetary Authority of Guatemala notes that in 2013 the country had a satisfactory rate of economic activity consistent with the recovery that has been seen in the world economy. Remittances Provide 10% of GDP in GuatemalaFriday, February 7, 2014 Last January remittances from Guatemalans abroad amounted $394 million, $36 million more than the $357.87 million sent in the same month in 2013. Remittances from Guatemalans from abroad make up 10% of GDP. In January 2014 $394 million was received, $36 million more than the $357.87 million reported in the same month last year, according to data from the Bank of Guatemala (Banguat). Panama's GDP Grew 7.3% YoYTuesday, September 17, 2013 During the first six months of 2013, the gross domestic product totaled $13.488 billion reflecting an increase of 7.3% compared with the same period in 2012. In addition, real GDP grew by 7.6% in the second quarter of 2013. This was revealed in a report by the Comptroller General of the Republic which explains that mining and quarrying grew by 27.8%, while construction rose by 26.2%, both activities driven by the development of public and private works in the country. Remittances up 8% in January 2019Friday, February 8, 2019 During the first month of the year, remittances from abroad to Guatemala totaled $688 million, 8% more than what was received in January 2018. According to figures from the Bank of Guatemala, in January 2019 the country received $688 million in remittances, 8% more than the $635 million recorded in the same month in 2018. Remittances in Honduras Begin the Year UpwardsThursday, February 14, 2019 In the first month of 2019, the country received $402 million in family remittances, 17% more than in January of the previous year. According to figures from the Central Bank of Honduras, during January of this year the country received family remittances of $402 million, a figure that is $60 million higher than the $342 registered in the same month of 2018. |
|