US Nicaragua move

The Star Early Edition - - WORLD -

THE US Com­mit­tee on For­eign Re­la­tions was set to dis­cuss a bill known as the Nicaraguan In­vest­ment Con­di­tion­al­ity Act yes­ter­day and is seek­ing to add con­di­tions to the pro­vi­sion of aid from in­ter­na­tional fi­nan­cial in­sti­tu­tions to the coun­try.

Nicaragua cur­rently re­lies on for­eign funds for 70% of its bud­get. If ap­proved, the bill would have to be sanc­tioned by US Pres­i­dent Don­ald Trump. But US Am­bas­sador to Nicaragua, Laura Dogu, said that the Trump ad­min­is­tra­tion has “noted which coun­tries sup­port Venezuela” and added that Managua “does not have many friends in Wash­ing­ton”. – teleSUR

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