A general view shows deputies during a parliamentary session on the approval of a loan of 100 million dollars from Taiwan for budget support, in the Nicaraguan parliament building in Managua, Nicaragua February 19, 2019. REUTERS/Oswaldo Rivas
MANAGUA/TAIPEI (Reuters) - Nicaragua's congress on Tuesday accepted a $100 million loan offered by Taiwan, giving a line of support to President Daniel Ortega's government, which has become increasingly isolated after a brutal crackdown on protesters last year.
Lawmakers approved the 20-year loan a day after U.S. President Donald Trump declared that "socialism is dying" in Nicaragua, Cuba and Venezuela.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
