Nicaragua Economic Outlook
September 16, 2014The monthly indicator of economic activity (IMAE) rose 4.2% in July, which marked a deterioration over the 4.8% rise recorded in June. According to the Central Bank, July’s expansion was mainly driven by growth in manufacturing, fishing and construction. Meanwhile, as the country is experiencing one of the worst droughts in decades, the government has raised concerns over growth prospects and food costs. While the government has already proposed spending cuts to make up for an expected fall in revenues, it is preparing a backup plan that could involve asking the IMF, the World Bank or the Inter-American Development Bank for financial assistance.
Nicaragua Economic Data
5 years of Nicaragua economic forecasts for more than 30 economic indicators.
|Exchange Rate||25.75||-0.62 %||Sep 30|
Nicaragua Economic Growth
September 16, 2014FocusEconomics panelists expect the economy to grow 4.4% in 2014, which is unchanged from last month’s forecast. For 2015, the panel expects economic growth of 4.5%.
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