Although it is well known that there has been an increase in GDP in recent years, productivity has fallen by 0.4% a year.
Nicaragua's productivity has declined by 0.4% each year for two decades, while the Gross Domestic Product (GDP) has grown by 4.02%. According to an economic bulletin by ECOVISION, if the productivity of Nicaragua is compared with some economies in America and Europe, the country ranks second to last, only one position above Venezuela.
The projected tax reform is a battlefield for the competing interests of the various productive sectors.
Both the Superior Council of Private Enterprise (COSEP) and the Union of Agricultural Producers of Nicaragua (UPANIC), are in favor of excluding the agricultural sector from the discussion of tax reform, meanwhile the National Workers Front (FNT) and the Nicaraguan Council of Small and Medium Enterprises (Conimipyme), reject such a position as discriminatory.
Inflation for the first seven months was 4.73%, due to price rises in food, drinks, transport and services.
According to information from the Nicaraguan Central Bank, in July alone the rate of inflation increased 0.87%.
The economist Alejandro Aráuz commented that, "although the first seven months of 2010 have seen a rapid rise in inflation, the coming months tend to be quieter with inflation in October in particular being almost zero," reports La Prensa.
Key representative/s from the Guatemalan Exporters’ Association last 13-15 October attended the 8th TPO Network World Conference to exchange ideas and best practice around stimulating export-led economic growth and meeting the urgent challenges in the sector.
The Farmer Training and Development Program (EDA - Entrenamiento y Desarrollo de Agricultores), aims to increase the productivity, market access and business skills of small- and medium-sized farmers and their employees through technical assistance in the production and marketing of high-value horticultural crops.
Operates in Honduras
Phone: (504) 501 0375 - (504) 9996 9259
AGRICONES is a consultancy Firm that provides consultancy services in the area of Agriculture Production, Business Development, Natural Resources Management, Financial Feasibility & Real Estate.
Operates in Guatemala
Phone: (501) 620 8481 - (501) 822 2618
Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica and Caribbean Community
Phone: (202) 331-9467
We are a private nonprofit dedicated to improving the quality of life of rural families through increased economic returns for producers and their families to improve the competitiveness of producers.
Operates in Honduras and Guatemala
Phone: (501) 2368 3130 - (501) 2368 3466