The Nicaraguan Foundation for Economic and Social Development (Funides), presented the "Informe de Coyuntura" (Situation Report), which explains that if the socio-political crisis continues this year there will be a greater fall in the economy compared to the 4% reported in 2018.

See "Crisis Keeps Shocking Real Estate Sector"

The document explains that "... if the crisis continues throughout 2019, sanctions from the United States will play a key role in the dynamics of economic activity."

Elnuevodiario.com.ni review that "... According to Funides, this year's U.S. sanctions would have an indirect effect on economic growth through increased uncertainty for economic agents. This effect would be much more important and of greater impact than the gradual reduction of international cooperation."

The article adds that "... The "crisis of confidence of economic agents" is affecting investment flows, tourism, external demand for some traditional export products and free zones, and the outflow of deposits from the national financial system, among others."

Also see "Crisis Keeps Shocking Real Estate Sector" and "Nicaragua: Economic Activity Still Weakening".

The most recent figures from the Central Bank of Nicaragua detail that up to November 2018 the index of economic activity fell 5% with respect to the same month in 2017, mainly because of the performance in the sectors Hotels and Restaurants, and Transport and Communications.

See Funides projections.

Source: elnuevodiario.com.ni

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