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Nicaragua in talks with Fund on three-year accord

Thursday, November 22, 2012

Nicaragua will start talks with the International Monetary Fund toward a new three-year accord.

"Nicaragua is in a good economic situation, and shows a healthy financial sector" said Marcello Estevao, head of a Fund mission that visited Nicaragua for preliminary talks.

The country's economy is expected to grow 4.2 percent this year, a 2 percentage increase compared to 2011.

Full story (in Spanish)