World Bank Search - documentsZGJlNTFmZWRiOTkyNDQ4ZjQ4YjU1NzFkODA2ZGUyYjg2N2M5NDgzYw2http://www.worldbank.org/en/region/lac/publication/perspectivas-economicas-america-latina-caribeArgentina,Uruguay,Paraguay,Chile,Peru,Colombia,Bolivia,Ecuador,Brazil,Mexico,Panama,Costa Rica,Nicaragua,Guatemala,El Salvador,Honduras,Dominican Republic,Haiti,Suriname,Guyana,Belize,JamaicaDownload the latest economic outlook for Latin America and the Caribbean from the World Bank. Access data, facts, statistics, and learn more about the opportunities that digital solutions offer to boost growth, inclusion, and better governance in the region. This is crucial for driving growth in the region and achieving a pace that allows for poverty reduction and the creation of quality jobs.regions:Latin America and Caribbean,country:Argentina,country:Uruguay,country:Paraguay,country:Chile,country:Peru,country:Colombia,country:Bolivia,country:Ecuador,country:Brazil,country:Mexico,country:Panama,country:Costa Rica,country:Nicaragua,country:Guatemala,country:El Salvador,country:Honduras,country:Dominican Republic,country:Haiti,country:Suriname,country:Guyana,country:Belize,country:JamaicaEnglishLatin America and CaribbeanEconomic Outlook | Latin America and the Caribbean October 2023/content/region/lac/en/publication/perspectivas-economicas-america-latina-caribe2023-10-04T17:42:00ZLatin America and Caribbeancq5Argentina,Uruguay,Paraguay,Chile,Peru,Colombia,Bolivia,Ecuador,Brazil,Mexico,Panama,Costa Rica,Nicaragua,Guatemala,El Salvador,Honduras,Dominican Republic,Haiti,Suriname,Guyana,Belize,JamaicaAR,UY,PY,CL,PE,CO,BO,EC,BR,MX,PA,CR,NI,GT,SV,HN,DO,HT,SR,GY,BZ,JMPublicationPublicationZDMwNjQ4MWE5MjRlYzU2ZDg0YTg1ZGQxNmE3ZjgxMzAyOWU1M2QyZg2http://www.bancomundial.org/es/news/press-release/2022/11/10/acelerar-el-comercio-regional-e-internacional-es-clave-para-el-desarrollo-inclusivo-y-sustentable-de-america-centralGuatemala,Costa Rica,Honduras,El Salvador,Panama,NicaraguaAutoridades nacionales y regionales, funcionarios internacionales y representantes del sector privado abordarán hoy en Antigua los avances y el futuro del comercio regionalcountry:Guatemala,country:Costa Rica,country:Honduras,country:El Salvador,country:Panama,country:Nicaragua,regions:Latin America and CaribbeanSpanishLatin America and CaribbeanAcelerar el comercio regional e internacional es clave para el desarrollo inclusivo y sustentable de América Central/content/wb-home/es/news/press-release/2022/11/10/acelerar-el-comercio-regional-e-internacional-es-clave-para-el-desarrollo-inclusivo-y-sustentable-de-america-central2022-11-10T10:33:27ZLatin America and Caribbeancq5Guatemala,Costa Rica,Honduras,El Salvador,Panama,NicaraguaGT,CR,HN,SV,PA,NIPress ReleaseAutoridades nacionales y regionales, funcionarios internacionales y representantes del sector privado abordarán hoy en Antigua los avances y el futuro del comercio regional ANTIGUA GUATEMALA, 10 de noviembre de 2022 – Autoridades del área de comercio de los países de Centroamérica, funcionarios de organismos internacionales y representantes del sector privado se reunieron hoy en Antigua Guatemala, para evaluar los avances de la región en materia de intercambio comercial y analizar posibles reformas en el marco del evento “Facilitación del comercio: la ruta de la reactivación”. Organizado en forma conjunta por el Banco Mundial, la Secretaría de Integración Económica Centroamericana (SIECA) y la presidencia pro tempore del Consejo de Ministros de Integración Económica (COMIECO), el evento abordará la pregunta sobre cómo profundizar la integración de los mercados de bienes y servicios en la región y contará, además, con espacios para el intercambio de ideas y propuestas con el sector privPress ReleaseExternal and Corporate Relations, ECROGMwM2I1ZjVhNTNiMGM2MmIwOTZjZDEzNTc3NzRmMjA2OGQ0YTk3Yg2http://www.worldbank.org/en/news/press-release/2022/11/10/acelerar-el-comercio-regional-e-internacional-es-clave-para-el-desarrollo-inclusivo-y-sustentable-de-america-centralGuatemala,Costa Rica,Honduras,El Salvador,Panama,NicaraguaAutoridades nacionales y regionales, funcionarios internacionales y representantes del sector privado abordarán hoy en Antigua los avances y el futuro del comercio regionalcountry:Guatemala,country:Costa Rica,country:Honduras,country:El Salvador,country:Panama,country:Nicaragua,regions:Latin America and CaribbeanEnglishLatin America and CaribbeanAccelerating regional and international trade is essential for the inclusive and sustainable development of Central America/content/wb-home/en/news/press-release/2022/11/10/acelerar-el-comercio-regional-e-internacional-es-clave-para-el-desarrollo-inclusivo-y-sustentable-de-america-central2022-11-10T10:33:27ZLatin America and Caribbeancq5Guatemala,Costa Rica,Honduras,El Salvador,Panama,NicaraguaGT,CR,HN,SV,PA,NIPress ReleasePress ReleaseExternal and Corporate Relations, ECRNjY2NmY0NTcwYWZhMGFjNGIzNmI1N2FiZjkyZGUyNTNmN2NmOGYyZg2http://www.bancomundial.org/es/news/infographic/2022/09/28/banco-mundial-apoya-crecimiento-inclusivo-y-sostenible-de-america-central-republica-dominicanaPanama,El Salvador,Honduras,Guatemala,Nicaragua,Costa Rica,Dominican RepublicEl Banco Mundial apoya los esfuerzos de los países de la región para proteger la salud de sus ciudadanos y fomentar una recuperación económica inclusiva y sostenibleregions:Latin America and Caribbean,country:Panama,country:El Salvador,country:Honduras,country:Guatemala,country:Nicaragua,country:Costa Rica,country:Dominican RepublicSpanishLatin America and Caribbean¿Cómo el Banco Mundial apoya el crecimiento inclusivo y sostenible de América Central y la República Dominicana?/content/wb-home/es/news/infographic/2022/09/28/banco-mundial-apoya-crecimiento-inclusivo-y-sostenible-de-america-central-republica-dominicana2022-09-28T11:20:41ZLatin America and Caribbeancq5Panama,El Salvador,Honduras,Guatemala,Nicaragua,Costa Rica,Dominican RepublicPA,SV,HN,GT,NI,CR,DOInfographicNANAInfographicZTY2ZjAzNTI3MGM5NTE1YzFkNzBlMTQ5N2JmODc2YmVjODhjYjcwZQ2http://www.bancomundial.org/es/news/infographic/2022/08/25/4-mil-kilometros-en-busca-de-una-mejor-vidaPanama,Costa Rica,Nicaragua,El Salvador,Guatemala,Honduras,Dominican RepublicAproximadamente 6.2 millones de migrantes centroamericanos y dominicanos viven fuera de sus países. Se trata de una migración de naturaleza mixta, que incluye migración económica, migración motivada por la reunificación familiar.subject:migration policies and jobs,country:Panama,country:Costa Rica,country:Nicaragua,country:El Salvador,country:Guatemala,country:Honduras,country:Dominican Republic,regions:Latin America and CaribbeanSpanishLatin America and Caribbean4 mil kilómetros en busca de una mejor vidaMigration Policies And Jobs/content/wb-home/es/news/infographic/2022/08/25/4-mil-kilometros-en-busca-de-una-mejor-vida2022-08-25T12:15:08ZLatin America and Caribbeancq5Panama,Costa Rica,Nicaragua,El Salvador,Guatemala,Honduras,Dominican RepublicPA,CR,NI,SV,GT,HN,DOInfographicNANAInfographicExternal and Corporate Relations, ECRY2M5MDdlYTUzNDc0M2I4NTk0YjMzMTczZjNjNWM3YmNhZDg4YTYwZQ2http://www.worldbank.org/en/news/press-release/2022/06/23/banco-mundial-ayudar-a-fortalecer-la-respuesta-de-nicaragua-frente-a-la-covid-19NicaraguaLos fondos adicionales amplían el Proyecto de Respuesta a la Emergencia COVID-19 de Nicaragua, de 20 millones de dólares, aprobado por el BM el 8 de diciembre de 2020, para beneficiar a los 6,3 millones de habitantes de Nicaragua, reforzando la respuesta a la pandemia y mitigando su impacto en los más vulnerables.country:Nicaragua,regions:Latin America and Caribbean,subject:covid-19-coronavirusEnglishLatin America and CaribbeanWorld Bank will help strengthen Nicaragua's response to COVID-19Covid-19-coronavirus/content/wb-home/en/news/press-release/2022/06/23/banco-mundial-ayudar-a-fortalecer-la-respuesta-de-nicaragua-frente-a-la-covid-192022-06-23T09:36:11ZLatin America and Caribbeancq5NicaraguaNIPress Release WASHINGTON, D.C., June 23, 2022 - The Executive Board of the World Bank (WB) today approved a loan that will strengthen the response to the COVID-19 crisis in Nicaragua. This project will allow the population, particularly the most vulnerable, to benefit from essential medicines, vaccines, and medical and laboratory supplies and equipment during the current national response to the pandemic, and will prepare the country for events of this nature in the future. Funded by the International Development Association (IDA), the World Bank's fund for the poorest countries, the project will be implemented through the United Nations Office for Project Services (UNOPS). Also, through the Pan-American Health Organization (PAHO) vaccines will be procured using alternatives that will benefit the country in terms of quality and cost. The World Bank's fiduciary policies and guidelines will govern the use and flow of Bank funds to ensure that they achieve their objective of benefiting the Nicaraguan Press ReleaseExternal and Corporate Relations, ECRMjc4YTAyYzQ0MzI5NDAxOGM4YWJmZjRiZTM3MzIwMTNkY2VjZTVmMw2http://www.bancomundial.org/es/news/press-release/2022/06/23/banco-mundial-ayudar-a-fortalecer-la-respuesta-de-nicaragua-frente-a-la-covid-19NicaraguaLos fondos adicionales amplían el Proyecto de Respuesta a la Emergencia COVID-19 de Nicaragua, de 20 millones de dólares, aprobado por el BM el 8 de diciembre de 2020, para beneficiar a los 6,3 millones de habitantes de Nicaragua, reforzando la respuesta a la pandemia y mitigando su impacto en los más vulnerables.country:Nicaragua,regions:Latin America and Caribbean,subject:covid-19-coronavirusSpanishLatin America and CaribbeanBanco Mundial ayudará a fortalecer la respuesta de Nicaragua frente a la COVID-19Covid-19-coronavirus/content/wb-home/es/news/press-release/2022/06/23/banco-mundial-ayudar-a-fortalecer-la-respuesta-de-nicaragua-frente-a-la-covid-192022-06-23T09:36:11ZLatin America and Caribbeancq5NicaraguaNIPress Release WASHINGTON, D.C., 23 de junio de 2022 - El Directorio Ejecutivo del Banco Mundial (BM) aprobó hoy un préstamo que permitirá fortalecer la respuesta a la crisis de la COVID-19 em Nicaragua. Este proyecto permitirá que la población, en particular la más vulnerable, se beneficie de medicamentos esenciales, vacunas, y suministros y equipos médicos y de laboratorio durante la actual respuesta nacional a la pandemia, y preparará al país para eventos de esta naturaleza en el futuro. Financiado por la Asociación Internacional de Fomento (AIF), el fondo del Banco Mundial para los países más pobres, el proyecto se ejecutará a través de la Oficina de las Naciones Unidas de Servicios para Proyectos (UNOPS). Además, se adquirirán vacunas a través de la Organización Panamericana de la Salud (OPS) utilizando alternativas que beneficien al país en términos de calidad y costo. Las políticas y directrices fiduciarias del Banco Mundial regirán el uso y el flujo de los fondos del Banco para garantizar quPress ReleaseExternal and Corporate Relations, ECRZmJiYTQ4OTdhNTM2YjcwNzZjN2NmNTY1NTYyNmI3MDNiN2IzMDkwZQ2http://www.worldbank.org/en/results/2022/04/21/risk-insurance-builds-climate-and-disaster-resilience-in-central-america-and-the-caribbeanCosta Rica,Panama,Nicaragua,El Salvador,Honduras,GuatemalaWith co-financing from a World Bank administered multi-donor trust fund (MDTF), the Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company (CCRIF SPC) offers sovereign insurance for earthquakes, tropical cyclones, and excess rainfall to Caribbean and Central American countries. Currently, 19 countries in the Caribbean and 3 in Central America have memberships that through the years translated into 54 payouts totaling $245 million benefiting over 3.5 million people.regions:Latin America and Caribbean,country:Costa Rica,country:Panama,country:Nicaragua,country:El Salvador,country:Honduras,country:GuatemalaEnglishLatin America and CaribbeanRisk insurance builds climate and disaster resilience in Central America and the CaribbeanP175616/content/wb-home/en/projects-operations/results/2022/04/21/risk-insurance-builds-climate-and-disaster-resilience-in-central-america-and-the-caribbean2022-04-21T05:04:50ZtrueLatin America and Caribbeancq5Costa Rica,Panama,Nicaragua,El Salvador,Honduras,GuatemalaCR,PA,NI,SV,HN,GTResultsRisk insurance builds climate and disaster resilience in Central America and the Caribbean Challenge The region comprising Central America and the Caribbean is characterized by great cultural and environmental diversity, and is also vulnerable to natural hazards including earthquakes, hurricanes, and floods. Recent disasters that have affected the region include the record-breaking hurricane season of 2017, with two category 5 storms, as well as the devastating earthquakes that struck Haiti in 2010 and 2021. The human and economic losses caused by such disasters hinder the sustainability of development processes in the region. As a result, many governments face growing gaps in financing to respond to disasters; this may necessitate additional borrowing to meet the demands of emergency response, which increases their financial exposure, and limits support to already-overloaded emergency systems. Approach To address this challenge, a World Bank project sought to improve the affordability of high-quality sovereign catastrophe risk transfer associated with earthquakes and climResultsExternal and Corporate Relations, ECRNTJkMTMzYTZhOGIxYzllOGE0OTZhZjk1MDlmODMwOGRmODc1MWY4ZA2http://www.bancomundial.org/es/results/2021/11/01/pooling-catastrophe-risk-to-protect-against-natural-hazards-nicaragua-s-experience-in-disaster-risk-management-and-finanNicaraguaNicaragua se ha convertido en un miembro estable de la Compañía de Cartera Segregada de la Facilidad de Seguros contra Riesgos Catastróficos en el Caribe y Centroamérica que se formó en 2007 como el principal mecanismo de agrupación de riesgo de desastres de la región.country:Nicaragua,regions:Latin America and Caribbean,programs:Disaster Risk Financing And Insurance,subject:climate change,subject:climate change adaptationSpanishLatin America and CaribbeanAgrupar el riesgo de catástrofe para una mejor protección ante desastres por amenazas naturales: La experiencia de NicaraguaClimate Change,Climate Change AdaptationP149895/content/wb-home/es/projects-operations/results/2021/11/01/pooling-catastrophe-risk-to-protect-against-natural-hazards-nicaragua-s-experience-in-disaster-risk-management-and-finan2021-11-01T16:44:00ZtrueLatin America and Caribbeancq5NicaraguaNIResultsPooling Catastrophe Risk to Protect against Natural Hazards: Nicaragua’s Experience in Disaster Risk Management and Finance Desafío Nicaragua está clasificado en el nivel de riesgo más alto de desastres relacionados con el clima y con otros fenómenos naturales; se encuentra en el grupo de alto riesgo de terremotos, inundaciones y epidemias, y en el grupo de riesgo medio en cuanto a sequías y huracanes. Sin estrategias adecuadas de gestión fiscal, varios eventos catastróficos de gran magnitud pusieron en riesgo los esfuerzos del gobierno para erradicar la pobreza extrema e impulsar la prosperidad compartida. Estos eventos amenazaron con revertir los logros de desarrollo que costaron alcanzar. En lo que respecta a los impactos económicos causados por los desastres, entre 1994 y 2013, los desastres hidrometeorológicos en Nicaragua estuvieron relacionaron con las pérdidas anuales de US$301.75 millones, lo que equivale a una pérdida anual de 1.71 % de su Producto Interno Bruto (PIB). La capacidad limitada para amortiguar crisis fiscales asociadas con los impactos de desastres se ve reflejada en la capacidad resResultsExternal and Corporate Relations, ECRTrust FundZDUwMDg3N2E2MWM4YWJmYzExZmQ4YjhjNzFlYTM2ODIyODdlYmExNg2http://www.worldbank.org/en/results/2021/11/01/pooling-catastrophe-risk-to-protect-against-natural-hazards-nicaragua-s-experience-in-disaster-risk-management-and-finanNicaraguaNicaragua has become a steady member of the Central America and Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company, the region’s primary disaster risk pooling mechanism, established in 2007.country:Nicaragua,regions:Latin America and Caribbean,programs:Disaster Risk Financing And Insurance,subject:climate change,subject:climate change adaptationEnglishLatin America and CaribbeanPooling Catastrophe Risk to Protect against Natural Hazards: Nicaragua’s Experience in Disaster Risk Management and FinanceClimate Change,Climate Change AdaptationP149895/content/wb-home/en/projects-operations/results/2021/11/01/pooling-catastrophe-risk-to-protect-against-natural-hazards-nicaragua-s-experience-in-disaster-risk-management-and-finan2021-11-01T16:44:00ZtrueLatin America and Caribbeancq5NicaraguaNIResultsPooling Catastrophe Risk to Protect against Natural Hazards: Nicaragua’s Experience in Disaster Risk Management and Finance Challenge Nicaragua is classified as being at the highest risk level for climate-related and other natural disasters; it is in the high-risk group for earthquakes, floods, and epidemics and in the medium-risk group for drought and hurricanes. Without adequate fiscal management strategies, major catastrophic events jeopardized government efforts to end extreme poverty and boost shared prosperity while threatening to reverse hard-won development gains. In terms of disaster-related economic impacts, between 1994 and 2013, hydrometeorological disasters in Nicaragua were associated with annual losses of US$301.75 million, equivalent to an annual loss of 1.71 % of its gross domestic product (GDP). The limited ability to absorb fiscal shocks associated with natural hazard impacts relates to restricted capacity for external borrowing as well as limited use of financial tools to manage fiscal volatilities. The country needed a comprehensive budget protection strategy against natural hazards toResultsExternal and Corporate Relations, ECRTrust Fund