Capital Market Modernization

The overall goal of the Program is to support the development of the emerging capital markets of Nicaragua by establishing the legal and regulatory framework, and mechanisms for the clearance and settlement system and public debt issues, according to internationally accepted standards for safety and soundness.

Project Detail

Country

Nicaragua

Project Number

TC9704174

Approval Date

September 23, 1998

Project Status

Closed

Project Type

Technical Cooperation

Sector

REFORM / MODERNIZATION OF THE STATE

Subsector

REFORM / MODERNIZATION OF THE STATE

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 1,797,500.00

Country Counterpart Financing

USD 800,000.00

Original Amount Approved

USD 997,500.00