Today: October 1, 2016, 10:38 pm
  
Finance

Central America economies heavily dependent on the US fortunes

companiesandmarkets.com
companiesandmarkets.com
Central America Business Forecast Report Q1 2014 - a new country guide report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-17 07:02:01
Central America as a region will remain heavily dependent on the performance of developed-state economies, particularly the US, which remains a major source for remittance flows and demand for exports.

Drug-related violence and rising levels of insecurity will remain the major concerns for most of the region´s electorate, although such concerns will be particularly elevated among the ´northern triangle´ states of Guatemala, El Salvador and Honduras.

The region´s economic trajectory remains highly divergent. Panama is set to experience one of the fastest real GDP growth rates in the world over the next few years, whereas El Salvador and Guatemala will struggle.

Major Forecast Changes

We believe that growth in Nicaraguan government revenues will continue to outpace growth in expenditures in 2014, leading to an improvement in the country´s fiscal position following a spate of tax reforms implemented since 2010. As such, we forecast that Nicaragua´s nominal budget balance will shift to a small surplus of 0.04% of GDP in 2014, from a forecasted deficit of 0.3% of GDP in 2013.

Following a weak H113, we revised our balance of payments forecasts for Panama to account for wider trade and current account shortfalls.

Key Risk To Outlook

Upside Risk: The performance of the US economy, and particularly US demand for regional exports, remains the biggest upside risk to our growth forecasts. We currently forecast US real GDP growth 1.8% in 2013 and 2.8% in 2014, but if growth is significantly stronger, we would be likely to see Central American economies perform better than we currently anticipate.

Click for report details: www.companiesandmarkets.com/Market/All-Sectors/Country-Guide/Cen ..

Browse all All Sectors Country Guide Reports www.companiesandmarkets.com/Market/All-Sectors/Country-Guide?aCo ..

Browse all All Sectors Company Profile Reports www.companiesandmarkets.com/Market/All-Sectors/Company-Profile?a ..

Browse all Latest Country Guide Reports www.companiesandmarkets.com/Market/All/Country-Guide?aCode=f3fb3 ..

About Us
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.com’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.


Press Information


Published by
Mike King
London: +44 (0) 203 086 8600
e-mail
www.companiesandmarkets.com



# 460 Words
Related Articles
 
More From Finance
P2P lending platform Monexo partners with IDBI-Trusteeship [..]
For Immediate Release: 2nd September 2016 MUKESH BUBNA, CEO Monexo Fintech Pvt Limited www.monexo.co/in mukesh.bubna@monexo.co P2P [..]
Day Trade to Win New September Class [..]
Sold Out? New Class Added – On September 6, 2016, DayTradeToWin.com is launching a brand new eight-week trading boot camp [..]
FTM (Forget The Market) Reopens 3 Shares [..]
Port Vila, Vanuatu, 28th July 2016 - Investment firm FTM today announced the reopening of three separate share options, projected [..]
Ex-Citibanker Launching Online P2P marketplace in India [..]
A study conducted by World Bank shows that MSMEs in India face an estimated credit gap of INR 20.9 trillion [..]
New Frontier Portfolios Top Morningstar Rankings
New Frontier’s global strategic portfolios topped the Global Balanced Strategic/All-Inclusive category of the latest Morningstar ETF [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.