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Nicaraguan Economy Limps along
In a report published Thursday
in Managua, the Central American
Economic Integration Bank
forecast the Nicaraguan economy
will grow less than the rest in
the region.
However, it predicted a slight
upturn, a 3.7 percent average
rate, in Central America, which
closed 2005 with a 3.5 growth.
The economy will reach 4 percent
in Guatemala; 3.8 in Honduras;
3.6 in Costa Rica; 3.2 El
Salvador and 3.1 in Nicaragua.
The slow regional growth in 2006
will be strongly influenced by
rising oil prices and
performance of interest rates
worldwide.
The entity notes Nicaraguan
foreign trade would continue
expanding but with imports over
exports as a result of oil
prices.
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