 |
Assist International in Nicaragua:
Nicaragua remains the second-poorest nation in the hemisphere. Unemployment is officially estimated at 5% of the economically active population; however, an estimated 60% of workers belong to the informal sector. Nicaragua suffers from persistent trade and budget deficits and a high internal debt-service burden. Foreign assistance totaled 26% of the budget in 2006. Nicaragua also depends heavily on remittances from Nicaraguans living abroad, which totaled $655.5 million in 2006.
[More information is coming soon.]
|
 |
Area: 59,998 sq. mi.; about the size of Georgia
Capital: Managua (pop. 1 million)
Population: 5.4 million
Government: Republic
|
 |
