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Taiwan News | Taiwan has no plans to purchase Nicaraguan bonds: Foreign Ministry

Author: Teng-pei Ju | Taiwan News
Image: Anti-government protestors since April have called for the resignation of Nicaraguan President Daniel Ortega (Source: Wikimedia Commons/ Voice of Ameri

TAIPEI (Taiwan News) — Taiwan’s foreign ministry (MOFA) denied Tuesday that the government has plans to purchase bonds issued by the Nicaraguan government, calling a related news report disinformation.

Alexander Yui (俞大㵢), director-general of the ministry’s Department of Latin American and Caribbean Affairs, called the report published by a Nicaraguan news company disinformation at a press briefing on Tuesday, as reported by Central News Agency.

The report, published in October, suggested that the Taiwanese government has plans to purchase Financial Stability Bonds worth US$280 million (NT$8.6 billion) from the Nicaraguan government to help stabilize the country’s economy.

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