Nicaragua; Seventh Review Under the Extended Credit Facility and Financing Assurances Review: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Nicaragua

The Nicaraguan economy continued to post robust growth in the first half of 2011. The Seventh Review Under the Extended Credit Facility (ECF) and Financing Assurances Review highlights that all quantitative performance criteria for end-June 2011 were met and the structural agenda is broadly on track. The fiscal performance of the central government was stronger than envisaged. The deficit in the external current account is projected to remain large and to be financed by resilient capital flows.

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Year of publication:	2011-11-14
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Aid flows \| Bank supervision \| Banking sector \| Debt sustainability analysis \| Economic growth \| Economic recovery \| Extended Credit Facility \| Public debt \| Staff Reports \| central bank \| debt service \| external debt \| current account \| external financing \| budget support \| external public debt \| current account deficit \| debt relief \| debt sustainability \| public sector debt \| government deficit \| tax reform \| balance of payments \| primary deficit \| public and publicly guaranteed \| bilateral creditors \| domestic debt \| primary expenditure \| fiscal policy \| external borrowing \| external loans \| fiscal deficit \| fiscal consolidation \| debt dynamics \| fiscal pressures \| expenditure restraint \| fiscal activities \| budget law \| tax system \| public sector borrowing \| public debt management \| quasi-fiscal activities \| capital expenditures \| debt management \| public spending \| public external debt \| debt ratio \| private external debt \| short-term debt \| tax revenues \| foreign aid \| fiscal indicators \| fiscal restraint \| fiscal prudence \| commercial debt \| ppg debt \| debt service obligations \| general budget \| fiscal liabilities \| private sector debt \| public expenditure \| fiscal risks \| fiscal revenues \| long-term loans \| substantial debt \| external debt sustainability \| government revenue \| total external debt \| fiscal position \| debt ratios \| tax base \| fiscal discipline \| sustainable fiscal policy \| public sector management \| debt stock \| government expenditure \| substantial debt relief \| external debt indicators \| domestic financing \| public expenditures \| quality of public spending \| reserve accumulation \| fiscal pressure \| fiscal performance \| quasi-fiscal deficit \| bilateral debt \| fiscal space \| central government budget \| fiscal outturn \| government debt \| tax administration \| private creditors \| net debt \| fiscal assumptions \| debt restructuring \| commercial debt buy \| long-term debt

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 11/322 6 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011242862