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Nicaragua minimizes impact of Venezuela crisis

Friday, May 27, 2016


The Government of Nicaragua has alternative sources of external funding and “will not die” by the virtual collapse of the Venezuelan aid, which has supported the country’s economy for nearly ten years, said Bayardo Arce, economic adviser to President Daniel Ortega.

Speaking to reporters, Arce played down the impact the political and economic crisis in Venezuela is having on the Nicaraguan economy.



Source: Havana Times