Question: what is the current economic state of nicaragua?
Answer: According to the update IMF forecasts from 14th April 2020, due to the outbreak of the COVID-19, GDP growth is expected to fall to -6% in 2020. The IMF calculated that gross debt stood at 39% of GDP in 2019, and expects it will remain around 40.2% and 41.2% rates in 2020 and 2021, respectively.