IMF Recognizes Nicaragua’s Economic Progress

climatechange-cocoa-coffee
The International Monetary Fund (IMF) recognized today the economic progress of Nicaragua in the recent ten years, starting here various meetings to assess the prospects of the country in the short and medium terms.

fter the first meeting with Nicaraguan officials, head of the IMF mission Gerardo Pedraza highlighted that this year the economic growth of Nicaragua will reach easily 4.5 and 5 percent.

‘Growth above 4 percent is very positive, especially if it is assessed on the income per capita rate, because that is what counts when it comes to reducing poverty’, he said.

- payin the bills -

Meanwhile, Fernando Delgado said that in 2001 Nicaragua was affected by the banking crisis, but now it has a solid financial system without ‘imminent risks to the economy’.

‘It has grown tremendously, its growth rates have improved a lot,’ said Delgado, who will take over as the new head of IMF mission.

Based on these results, IMF considers that the government of President Daniel Ortega is able to keep its growth model for the coming years, as well as outline its economic priorities.

- paying the bills -

Related Articles

Howard Hughes: billionaire in Managua

(TODAY NICARAGUA) When Howard Hughes entered through the main door of...

At least 148 Nicaraguans stranded at Peñas Blancas border enter the country

(TODAY NICARAGUA) Some 148 Nicaraguans who had been stranded for more...

MOST READ

Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Bianca Jagger Gets Into The Nicaragua Act Again

(American Thinker)  Remember Bianca Jagger? You know, the disco queen and former rock-star's wife turned leftwing "human rights activist" who was last seen mourning...

What Are Some of Nicaragua’s Popular Food?

TODAY NICARAGUA - Nicaragua is an interesting place, with a tumultuous history and a relatively peaceful present. and even if many things can be...

Nicaragua Praised by the IMF

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in...

Poll Shows Declining Expectations on a Nicaraguan Canal

According to the results of the most recent survey conducted by Cid Gallup, the Nicaraguan interoceanic canal project, a concession given to the Chinese...

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.