Managua takes over land
NZPA-Reuter Managua The Nicaraguan Government has confiscated 60 per |cent of the country’s farming land from supporters of (the former President, Anastasio Somoza. a Government minister has said. The Agrarian Reform Minister (Mr Jaime Wheelock) hold a press conference that Government farms were expected to show a profit of $3O million this year. Of this 40 per cent would be reinvested, and the rest spent on I rural housing, health, and ;road building. I Mr Wheelock said the Reform Institute
had taken over almost all the land falling under the scope of the Government confiscation decree. Some land owned bv banking families who fled the country was still being investigated. The Minister said the institute was registered with the International Coffee Organisation in London as the world’s largest single coffee grower. It was also the sec-ond-largest sugar producer [in Nicaragua. ■ Mr Wheelock said farmers .working plots of less than lOha had been invited to [join co-operatives and would [receive support from the inI stitute. _.
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Press, 21 November 1979, Page 8
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168Managua takes over land Press, 21 November 1979, Page 8
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