Economic Crisis Already Felt in Nicaragua

Lower demand and prices for the primary products of export have caused the country’s sales revenue to fall by 29%.

Wednesday, February 18, 2009

Ervin Sánchez writes in Elnuevodiario.com.ni: "Information supplied by the Center of Export Procedures is at the same time verifyed in an analysis carried out by the economist Adolfo Acevedo, who is an advisor of the Civil Coordinator. The real fall of exports, according to the analysis on the issue, which was done by Acevedo, began in November 2008, indicating that to September exports were growing strongly in comparison with the same month of 2007."

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