Nicaragua: Enhanced Initiative for Heavily Indebted Poor Countries

Nicaragua: Enhanced Initiative for Heavily Indebted Poor Countries—Completion Point Document

March 18, 2004

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Format: Chicago

Nicaragua: Enhanced Initiative for Heavily Indebted Poor Countries—Completion Point Document, (USA: International Monetary Fund, 2004) accessed November 25, 2024

Summary

The government has fully complied with all the elements of the fourth floating completion point condition, which calls for the implementation of reforms to develop human capital and social protection. Investment in human capital development represents the second pillar of Nicaragua’s Poverty Reduction Strategy Paper (PRSP). The policy and reform conditions for reaching the completion point were met by end-2003, except for one condition pertaining to the divestiture of the generating units of the power utility, for which a waiver is recommended.

Subject: Asset and liability management, Debt relief, Debt service, Exports, External debt, Financial institutions, International trade, Stocks

Keywords: Authorities' medium, Caribbean, Central America, CR, Debt relief, Debt service, Enhanced HIPC Initiative, Exports, Exports of goods, Global, Government's strategy, HIPC assistance, HIPC debt relief, ISCR, Long-term debt, Nicaraguan authorities, NPV terms, Organic law, Private sector, Rate of return, Stocks, Supervisory authority

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/072
Stock No:

1NICEA0042004
ISBN:

9781451829228
ISSN:

1934-7685

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