- Paying the bills -

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.

Related Articles

Ortega banishes 222 political prisoners from Nicaragua

TODAY NICARAGUA - A total of 222 political prisoners of the...

Ortega authorizes signing a cooperation agreement on atomic energy with Russia

TODAY NICARAGUA (EFE) Nicaragua's Sandinista president, Daniel Ortega, authorized this Friday...

MOST READ

- paying the bills -

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.