Development consensus urgently needed in Nicaragua
Democracy, education, jobs and public safety, as well as poverty, social inequality are some of the main challenges facing Nicaragua.
Friday, September 5, 2008
Government representatives such as the president of the Central Bank of Nicaragua (BCN), Antenor Rosales, admitted that the "absence of a true national model adopted by a wide cross-section of the Nicaraguan society, the inadequate results from models applied in the history of our country, demonstrate the urgent need for the adoption of a consensus model to eradicate poverty and reduce inequalities."
Poverty in Costa Rica has not fallen below 20% in two decades, confirming the validity of the adage "instead of giving fish, teach people to fish."
Costa Rica fell asleep at the wheel, and is now the Latin American country where poverty increased the most between 2008 and 2009.
Loans totaling $15 Million will support startup of program to deliver services to urban children below age six
The project by the Central American Bank for Economic Integration will assist in improving living conditions of low-income families located in rural areas.
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