Economic & Financial Reporter

$150 Million for Nicaragua

Topics::

International Monetary Fund, Central Bank of Nicaragua, international reserves, Net International Reserves, Finance, Economics, Central Banking, Nicaragua

Source: elnuevodiario.com.ni
Monday, August 31, 2009

The country will strengthen its international reserves with a loan by IMF.
The loan was officially communicated by the Central Bank of Nicaragua, who added that: "...these resources provided by the International Monetary Fund will help Nicaragua consolidate its macroeconomic framework by strengthening its international reserves, reinforcing the country's financial security network and easing the impact of the global financial and economic crisis", reported Elnuevodiario.com.

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