Economy & Business - May-June 2012 (ISSN 1741-7430)

An IMF delegation paid a visit to Nicaragua on 2-11 May for discussions on the 2012 Article IV consultation. In its final mission statement, the IMF was positive on the management of the economy by the left-wing government led by President Daniel Ortega. It noted that, “Helped by high export prices, large concessional and foreign direct investment flows, and broadly appropriate macroeconomic policies, the economy has averaged growth rates in excess of 4.5 percent during 2010-11”.