* Nicaragua’s central bank (BCN) has released new figures on funds received from official external cooperation in 2018 which totalled US$1.04bn, up 5% on the previous year. Of the total, US$657.6m was directed to the public sector and US$383.7m to the private sector. The main reason for the increase was an increase in US$103.4m to the private sector while the amount to the public sector was down by US$54m. Finance from Venezuela, Nicaragua’s main ally, was just US$27.2m in 2018, down from US$102.4m in 2017, US$248.6m in 2016, and a record high of US$729m in 2012.
End of preview - This article contains approximately 111 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options