Ortega received $500 million from Chávez last year
Thursday, April 7, 2011
Nicaragua’s president, Daniel Ortega, received financial aid of $511 million from his Venezuelan counterpart, Hugo Chávez, last year.
According to Nicaragua’s central bank, some $337 million of the total came in the form of contributions from the Petrocaribe oil pact.
A further $163 million was provided by Venezuela in medium-term financing for development projects. The remaining $11 million was described as foreign investment.
Original source (in Spanish): El Universal