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Nicaragua still owes $681 million from the 1980s splurge

Wednesday, February 9, 2011


The government of Nicaragua still owes $681 million in bonds to compensate for the splurge of confiscations by the Sandinista government of the 1980s.

In August, the next $13.6 million payment is due on the bonds.

The next five years will be decisive for repayment of the debt, so long as exports remain to grow.

 

Original source (in Spanish): La Prensa