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Nicaragua: On Economic Situation, Austerity Policies

ISSN:1089-1560
LADB Article ID: 073772
Category/Department: General
Date: Friday, January 6, 1989
By: Deborah Tyroler

On Dec. 31, in a year-end message to the nation, President Daniel Ortega said that over the last eight years, Nicaragua paid a total of $1.22 billion on its foreign debt. Of the total, principal payments accounted for $777.9 million, and interes...

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