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On April 3, 2024, the Inter-American Dialogue released the memo “State Capture in Nicaragua – The Case for International Pressure.” The report, produced by Manuel Orozco, director of the Migration, Remittances, and Development program, highlights how members of the Nicaraguan government have engaged in state capture, the role of international financial institutions in preventing state captures, and provides a look into external financing, its consequences, and the status of the Nicaraguan economy at-large.
The report concludes that international financial institutions must review their current lending practices in order to prevent the practice of state capture in Nicaragua and in the rest of Central America.
