The International Monetary Fund (IMF) estimated that Nicaragua’s economic growth will increase by 3.5% next year. This is thanks to the inflow of family remittances -which saw an increase of 28%-, private foreign investment and exports. Additionally, according to the IMF, the GDP for 2023 increased 4% over the previous year.
For our CENTRAL LAW partner in Nicaragua, Yalí Molina Palacios, this IMF estimate sounds quite favorable for the country and business development.
Contact our specialist, to know more about this topic ymolina@central-law.com
