Business Climate in Nicaragua Worsens

86% of the companies surveyed in the Coyuntura Económica report by Funides consider the business environment unfavorable for investment.

Wednesday, June 24, 2009

The Coyuntura Económica report for the first quarter of 2009 by the Nicaraguan Foundation for Social Economic Development (Funides, acronym in Spanish) shows the results from the survey which took place during March of this year at homes and companies.

The website Laprensa.com.ni published results from the report, where it indicates that “Of 67 companies surveyed, more than 90% perceive the economic situation of the country, as a whole, as worse than it was at the end of last year.”



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