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

Nicaragua: Enhanced Initiative for Heavily Indebted Poor Countries—Completion Point Document
ISBN-10
1451829221
ISBN-13
9781451829228
Series
Nicaragua
Category
Business & Economics
Pages
62
Language
English
Published
2004-03-18
Publisher
International Monetary Fund
Author
International Monetary Fund

Description

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.

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