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Nicaragua Economic Situation Report

The economy performed favorably in the first half of the year; the only concern was the increase in inflation.

Thursday, September 30, 2010

Nicaragua’s Foundation for Economic and Social Development (FUNDES) presented its second economic situation report of 2010, concluding that the government’s management of the economy remains responsible, but it is worried by increased expenses and some off-budget costs.

It added that the state’s debt has fallen considerably in the past 10 years, mostly because of many debts being canceled by foreign debtors.

Source: Nicaraguan Foundation for social and Economic Development

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Nicaraguan Foundation for social and Economic Development

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Nicaragua

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jobs unemployment rate growth rate fiscal deficit deficit Macroeconomic stability political stability Short-term report Economic outlook Economics

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