Economy & Business - November 2006

NICARAGUA: IMF responds to Ortega's overtures

Caribbean & Central America 06 December 2006 Modified: 06 December 2006 295 views

The Sandinista president-elect, Daniel Ortega, tried to reassure the business sector that there would not be an abrupt change of economic policy when he takes office. He said that he had already been in touch with the IMF, and an IMF team was due in the country in mid-November. Ortega said that he would be happy to agree a new letter of intention with the Fund.

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