Nicaragua

Nicaragua’s poverty reduction strategy was lauded by members of the International Monetary Fund’s executive board. At the conclusion of the board’s review of the strategy, IMF Deputy Managing Director and Acting Chair Murilo Portugal said the strategy was appropriately aligned with boosting the country’s competitiveness through increased investments in infrastructure and the energy sector. Portugal also praised the strategy for aiming to preserve macroeconomic stability and to promote living standards by increasing access to social services.