Nicaragua Capturing Foreign Aid

Nicaragua business opportunities
Nicaragua business opportunities

Economic analysts and investment advisors can do well in Nicaragua, by helping local operations gain access to foreign cooperation, which last year passed $1 billion – close to 9% of the value of national production.

Half of the funds went to state institutions, while the other half went to initiatives proposed by the private sector.

- payin the bills -

Foreign cooperation in 2015 represented the third largest source of external contribution to the economy, after exports of goods and services and family remittances, according to the Central Bank.

Leading sources of finance included Venezuela at $310 million, the Inter-American Development Bank at $208 million, and the Central American Bank for Economic Integration at $200 million, followed by the World Bank, the Netherlands, the European Union and Germany.

Nicaragua’s economy is projected to grow by 4.5% and 4.3% respectively this year and in 2017, the second fastest rate in Central America, behind only Panama.

Insofar as politics are concerned, the current administration is likely to stay in office for another four years, as President Daniel Ortega is expected to win a third consecutive term in November, according to a poll published on last week.

- paying the bills -

Ortega’s Sandinista Party has the support of close to 80% of decided voters, according to M&R Consultores.

Related Articles

Nicaragua still the country with the greatest mobility in Central America in times of pandemic

TODAY NICARAGUA - Eight months after the first case of Covid-19...

Nicaragua restores 95% electricity service

TODAY NICARAGUA - After the damages caused by Hurricane Iota a...

MOST READ

Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Bianca Jagger Gets Into The Nicaragua Act Again

(American Thinker)  Remember Bianca Jagger? You know, the disco queen and former rock-star's wife turned leftwing "human rights activist" who was last seen mourning...

What Are Some of Nicaragua’s Popular Food?

TODAY NICARAGUA - Nicaragua is an interesting place, with a tumultuous history and a relatively peaceful present. and even if many things can be...

Nicaragua Praised by the IMF

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in...

Poll Shows Declining Expectations on a Nicaraguan Canal

According to the results of the most recent survey conducted by Cid Gallup, the Nicaraguan interoceanic canal project, a concession given to the Chinese...

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.