- Paying the bills -

Nicaragua Receives Over One Billion Dollars Remittances in 2014

dollar-2TODAY NICARAGUA – Nicaragua received in 2014 more than us$1.135 billion dollars in remittances, according to a report from the Central Bank cited today by El Nuevo Diario newspaper.

Such figure, surpassing 5.3 percent the amount received in 2013, is the highest one in the last 20 years, the financial institution states.

The remittances that reached this nation in 2014, mainly came from the United States, Costa Rica, Spain, and Panama.

- payin the bills -

Five departments of the country accounted for 70 percent of family remittances from abroad: Managua, Chinandega, Leon, Esteli and Matagalpa.

The amount of family remittances represented 9.4 percent of the Gross Domestic Product in 2014.

(Via Prensa Latina)

Related Articles

“If you don’t pay, your family pays”: new repressive pattern of the regime

TODAY NICARAGUA (Confidencial) Between September 4 and 18, the regime of...

Solitary confinement in El Chipote is torture, it is much worse than in US prisons.

TODAY NICARAGUA (Confidencial)  The kind of solitary confinement to which four...

MOST READ

- paying the bills -

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.