Strengthening Growth in Nicaragua

With the exception of the financial sector, which shows a negative trend, the country's monthly index of economic activity confirms the good results, especially for the trade, industry and farming sectors.

Tuesday, November 1, 2011

Nicaragua's Monthly Index of Economic Activity (IMAE) for August, just published by the country's central bank (BCN in Spanish) has recorded growth of 7.6%.

The financial sector was the only one to show a negative trend, although even this sector displayed improved performance relative to previous months.

Laprensa.com.ni reports part of the BCN press release saying that, "the country's agro-exporter profile and the high external demand for food products combined with rising international prices are having a positive impact on the Nicaraguan economy".

More on this topic

The Love Affair Between Government and Business in Nicaragua

August 2011

Ruben Dario’s country, shows a panorama - unsuspected only a few years ago - of the successful relationship between the government’s policies and business goals.

A report by Pastrán details how activities and discussions by businesses and government representatives, are in agreement ensuring stability and economic growth for years to come.

Panama's Economy Growing at Double-Digits

September 2011

During the second quarter of 2011, Panama's economic growth was 11.4%, reaching 10.3% during the first six months of the year.

A statement from the Panamanian Ministry of Economy and Finance reads:

Panama's economic growth for the second quarter of 2011 was 11.4% and in the first half was 10.3%, as reported by the minister of Economy and Finance, Frank De Lima, citing figures from the Controller General of the Republic.

The Central Bank of Costa Rica’s Optimism

July 2011

The BCCR raised its forecast for economic growth this year from 4.3% to 4.5%, while Costa Rica ECLAC estimates for growth of just 3.2%.

Referring to this issue, the Department of Analysis and Investment Strategy, Aldesa, described the Central Bank of Costa Rica as "very optimistic".

IMF Concludes Review of Panama

November 2011

"Panama is still one of the fastest growing countries in the Americas."

A mission from the International Monetary Fund (IMF), led by Corinne Delechat, visited Panama from 7 to November 18 to conduct the annual Article IV Consultation (1). At the end of the discussion, Ms. Delechat issued the following statement in Panama City:

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