Finland withdraws aid to Managua
They suspended $2.57 million in budget support and warned that they are expecting "free and transparent election" on Sunday.
Tuesday, November 4, 2008
This was the statement by Marko Lehto, budget support and governance adviser from the Finnish Embassy, according to an interview with the political weekly Confidencial that was republished in the El Nuevo daily.
The financial institution confirmed the release of the funds for 2011 to support projects in the power sector, transportation sector and budget support, among others.
The strike in the National Assembly continues 13 days before municipal elections, causing a loss of $20 million loan from the IDB.
Daniel Ortega admitted that the European Union has frozen $43 million as well as the impact that the cancellation of the Millennium Challenge Account by the US will have.
In the midst of a political polarization the elections have come to be about the Sandinista President, Daniel Ortega.
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