01856cas a2200241 a 4500 AALejournalIMF016588 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498390705 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Nicaragua : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Nicaragua. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (79 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The 2015 Article IV Consultation presents economic outlook and risks of Nicaragua. Over the last three years, real GDP growth has averaged 4.8 percent, one of the highest in the region, while inflation has remained anchored by the exchange rate regime. Poverty has fallen sharply, but unemployment has increased due to a decline in the manufacturing sector. The current policy mix is broadly adequate to maintain macroeconomic stability in the near term, but Nicaragua needs to fortify its policy framework. In particular, reducing tax exonerators and exemptions and improving the targeting of fiscal subsidies would strengthen the efficiency and equity of public finances and contribute to rebuilding fiscal buffers. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/034 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/034/002.2016.issue-034-en.xml IMF e-Library