Fiscal Balance in Nicaragua

Nicaragua Fiscal Balance | Economic News & Forecasts

Nicaragua - Fiscal Balance

The likely deep economic slump in the first half of the year seems to have spilled over into the second. Increased concerns over the state of the economy amid the long-standing political crisis were reflected in continued capital flight, with bank deposits continuing to shrink in July. Furthermore, in the same month, the money supply nosedived for the thirteenth consecutive month. More positively, remittance growth picked up pace in the first six months of the year compared to the same period a year prior, which should partially limit the drop in private consumption. Meanwhile, political tensions took center stage in September: Popular protests erupted again demanding both the resignation of President Daniel Ortega and snap elections, while an opposition group claimed responsibility for several explosions which damaged a bridge leading to the country’s most important port.

Nicaragua - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-1.1  -1.5  -1.6  -2.0  -2.0  

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Nicaragua Facts

Exchange Rate33.092.11 %Sep 04

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