Complicated new year in Nicaragua

The strike in the National Assembly continues 13 days before municipal elections, causing a loss of $20 million loan from the IDB.

Tuesday, January 6, 2009

The local media and experts have warned that said strike in the Assembly will cause delays in the passage of important laws and beneficial international loans. The General Budget for 2009 has not been approved either.

The non-ratification of the $20 million loan from the IDB meant that the funds were lost causing a negative impact on the national economy.

Analyst forecast turbulence for the municipal elections on February 18, in the midst of the tense climate that exists in the country.



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Nicaraguan Congress ratifies $108 million loan

January 2009

During the first working session after two months of conflict, the Assembly approved six contracts for loans totaling $108.

Elnuevodiario.com.ni reports: "The approve credit includes $20 million granted by the IDB in September for fiscal management improvement and to help the Sandinista Government to increase tax collection.

Opposition does not have the votes to annul municipal elections in Nicaragua

December 2008

Lawmaker Guillermo Osorno Molina expressed his complete opposition to the initiative, making it impossible to get the 47 votes that are needed.

Osorno, president of the Nicaraguan Christian Walk (CCN) party, argued that the Legislative Branch does not have the authority to cancel municipal elections.

Nicaragua: How much more fire can the current situation take?

November 2008

The country continues to be divided after municipal elections. Some are claiming victory, others are alleging fraud.

Just a week after the latest elections in Nicaragua, it seems that violence has reemerged as a tool that will be used to resolve conflicts in this Central American country.

Nicaraguans go to the polls this Sunday to elect new Mayors

November 2008

In the midst of a political polarization the elections have come to be about the Sandinista President, Daniel Ortega.

Almost 4 million Nicaraguans are eligible to vote this Sunday to elect almost 3400 officials, including Mayors, Deputy Mayors, among many others from 5 different parties.

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