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The government of Nicaragua has worked toward adopting the necessary economic measures to put the countrya€™s economy on the course of fiscal sustainability and those that guarantee transparent and austere management, not affecting the most vulnerable population. The government has managed to protect social spending, providing resources for strategic sectors, improving performance indicators for health and education, and implementing reforms that will have a greater impact on these sectors. It is expected that the tendency for social spending will be maintained in the coming years.... million [excluding US$25 million from the August 2003 PRGF review); donations from the Netherlands and Denmark of US$9 million; and ongoing programs, ... It also contributed to the repair of schools and the construction of sanitation infrastructure. ... The PS3 provided complementary resources to MTI for the maintenance of 153 kilometers of prioritized roads in the departments of Chinandega, Esteli, anbsp;...

Author:International Monetary Fund
Publisher:International Monetary Fund - 2004-01-15


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