No changes in the economic or political direction are foreseen in a country where President Ortega maintains high public approval rates in a context of economic growth, although there is erosion of democratic institutions.
On Tuesday June 9 a panel discussion was held in the premises of the Inter American Dialogue in Washington DC, whose main topic was the analysis of the economic and political situation in Nicaragua.
The 2016 edition of the contest for El Salvador and Nicaragua was suspended due to changes made in the electronic auction platform and tasting protocols.
The Alliance for Coffees of Excellence (ACE) announced that the suspension is temporary and will be done to improve processes and in addition to El Salvador and Nicaragua the contest has been suspended in three other countries.
A consortium of national and international agencies has proposed a plan to improve the quality and productivity of Nicaraguan specialty coffees and their promotion in the European market.
The plan entitled "Strategies for promoting specialty coffee in Nicaragua" seeks to replicate successful experiences in financing, technical assistance and technological innovation models, in order to strengthen the production process of small and medium producers.
In 2014, 84 000 new and used vehicles were sold in Guatemala, Costa Rica and Nicaragua alone, and it is expected that 2015 will close with an annual growth of nearly 10% across the region.
While the region has generally shown an upward trend in the marketing of vehicles, mainly new ones, the characteristics of each of the countries, particularly with regard to access to bank credit, makes the behavior of the auto market different in each.
With the exception of improvements in Nicaragua and Honduras, in the rest of the Central American countries problems in public finances range from latent in Panama to serious in Guatemala and, even grave in Costa Rica and El Salvador.
From the report "Macrofiscal Profiles : 4th Edition" by the Central American Institute for Fiscal Studies (Icefi):
The first months of 2015 have been extremely difficult for the finances of most of the countries in Central America, particularly because of the structural problems they face and which, in many cases, have been overlooked by the government of the day. However, and even though each case must be analyzed separately, the general features suggest that the ultimate goal of each Central American country has been to ensure fiscal sustainability in each country by controlling the levels of fiscal deficit and total indebtedness.
Wages of $150 make Nicaragua a magnet for investments in the region seeking competitive costs.
The Nicaraguan economy is backing competitiveness through lower wages, giving it an advantage over its Central American neighbors.
Regarding the wages earned and the situation, Dean Garcia, executive director of the Nicaraguan Association of the Textile and Clothing Industry (Anitec) told Elnuevodiario.com.ni "... 'in Central America the fact that we have the lowest level and also we are the safest country in the region and the fastest growing economically, makes us more attractive to investors. '"
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