Uncertainty Discourages Investments in Nicaragua

Between the first semester of 2018 and the same period of 2019, the flows of Foreign Direct Investment reaching the country decreased by 25%, a decrease that is explained by the uncertainty that predominates among businessmen, derived from the political and economic crisis.

 

- payin the bills -

According to official figures, from January to June of this year the country received $364 million in Foreign Direct Investment (FDI), which is less than the $483 million received in the first six months of 2018.

Laprensa.com.ni reviews that “… FDI has been concentrated in the productive sectors of goods, such as manufacturing, electricity generation, and the service sector mainly in telecoms and services activities.”

The article adds that “… In the first half of this year, FDI has been attracted by the industrial sector, which is estimated to attract 113 million dollars. In the financial sector there was an investment of 96 million dollars, in trade 57 million dollars, in communications 48 million dollars and in mines 31 million dollars.”

According to reports from the Nicaraguan Foundation for Economic and Social Development (Funides), FDI reports negative year-on-year variation rates since the fourth quarter of 2017, however, since the outbreak of the crisis in April 2018 the situation has become even more complicated.

- paying the bills -

Related Articles

“Gag Law” approved by Ortega will enter into force in 60 days

TODAY NICARAGUA - The 70 votes of the ruling Frente Sandinista...

Ortega Murillo forutne “injured” after devastating blows by US sanctions

TODAY NICARAGUA - In less than two years, the sanctions issued...

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.