Tag: Ovidio Reyes CEO Nicaragua Central Bank

• Monday, July 30th 2018 - 12:23 UTC

  The other side of Nicaragua's instability: economic growth could drop from 4.9% to 1%.

  

  Nicaragua's protracted political crisis, which has lasted well over three months, is impairing economic growth, according to the central bank. Central bank chief Ovidio Reyes said the initial 4.9% growth forecast in gross domestic product (GDP) for 2018 could fall as low as 1% if ongoing protests continue to disrupt daily life.