No new Nicaragua waiver, urges Heritage Foundation
Friday, July 13, 2012
![](https://www.centralamericalink.com/storage/images/2017/02/07/201207131102160.us-nicaragua-waiver.jpg)
If the Obama Administration is serious about promoting democracy in Nicaragua, it can emphatically do so later this month when it decides whether to grant a property waiver to President Daniel Ortega’s corrupt and authoritarian government, according to a Heritage Foundation commentary.
If it opts to withhold the waiver, it will compel the U.S. to oppose Nicaragua’s loan applications at the Inter-American Development Bank, International Monetary Fund, and World Bank.
This could cost Nicaragua millions of dollars in grants and concessionary loans.
Source: Heritage Foundation