World IN BRIEF : NICARAGUA : Sandinistas Order Economic Changes
From Times Staff and Wire Reports
Nicaragua’s leftist Sandinista government decreed a series of economic measures benefiting agriculture and state workers and devaluing the local currency 4.88%. President Daniel Ortega is to hand over the government to Violeta Barrios de Chamorro on April 25. The measures raised the minimum wage for state workers in April by about 400% to about $140 and said debts owed by farmers to the state banking system for the 1988-89 harvest will be restructured.
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