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Nicaragua poops Central America's party: World Bank

Monday, October 8, 2018

As a result of a 3.8 percent slump in Nicaragua, the overall growth of Central America for this year will be 2.8 percent, down from 3.7 percent in 2017, according to the World Bank.

In a new report own Central America and the Caribbean, the Bank identifies Nicaragua as a red alert in its projections.

"Nicaragua's GDP is expected to fall by 3.8 percent this year, compared with an increase of 4.9 percent in 2017. Although Nicaragua's GDP amounts to only that of the total of Central America, such a severe fall will cost 0.4 percentage points on the region's growth for this year," the report says.