End of preview - This article contains approximately 134 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 24 January 2022
In brief: Nicaragua’s economy continues to recover
* Nicaragua’s central bank (BCN) has released its latest monthly economic activity index (Imae) for November 2021 which showed a 13.2% increase compared with November 2020, bringing the accumulated rate to 10.1%. Growth was driven by mining and quarrying (up 65.1% in November year-on-year) followed by construction (+36.3%); energy & water (+23.4%); fishing and aquiculture (+20.6%); and manufacturing (+19.6%). Sectors to register a decline include financial mediation and associated services (-4.4%); and other services (-0.3%). The latest (January 2022) forecast from the United Nations Economic Commission for Latin America and the Caribbean (Eclac) estimates that Nicaragua’s GDP grew by 7.4% in 2021, above the 6.7% average for Central America, and predicted 3.0% GDP growth this year, below the 4.5% average for the sub-region.
- HONDURAS: Political crisis erupts as rival congress presidents elected
- VENEZUELA: CNE accused of obstructing recall referendum
- In brief: First of many wind farms completed in Colombia’s La Guajira
- BRAZIL: Omicron bites
- In brief: Bolsonaro sanctions Brazil’s budget
- In brief: Nicaragua’s economy continues to recover
- MEXICO: Authorities intercept 3,000 migrants in two days
- In brief: US raises more concerns over Mexico energy reform
- CHILE: Boric names historic cabinet
- In brief: Argentina’s exports rise
- Blinken meets Argentina’s Cafiero