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.
Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water and power. Great Location, close to everything. Ideal area for living or developing an ecologically...
BASE4 is a collection of talented architects, engineers, project managers and construction managers from around the world designing exciting hospitality projects. Job Description: BASE4 is looking for several architects...
Maranco Belize offer fast reliable service, modern equipment, competitive rates, 70 year experience worldwide whether your needs are for farming, industrial, private house lots, community projects. We have drilled successful water wells producing fresh...
I have six building lots in the Punta Leona Resort ready for construction. I am looking for a partner to provide financing and or construction. Wanted partner for financing and/ or construction in the...
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