Crisis in Nicaragua: National Strike Announced

In response to the rupture of the dialogue on the part of the Ortega administration, companies and citizen organizations have called for a national strike on Thursday, June 14.

Wednesday, June 13, 2018

Demanding the cessation of repression by the Government and the resumption of the National Dialogue, social and business organizations, called for a general strike to take place tomorrow. 

See "The cost of the crisis for Central America"

Regarding the call, the president of the Higher Council of Private Enterprise (Cosep), José Adán Aguerri told that " ...'We urge all business owners, small and medium entrepreneurs, independent professionals and independent businesses to close their establishments and cease activities. This is a national and peaceful civic strike that covers the entire country and all economic activities, except those related to the preservation of life and the coverage of basic services for the population." 

Aguerri added that " ...We demand from the President of the Republic an immediate response to the Nicaraguan Bishops' Conference on the resumption of the National Dialogue ... which is the only way to review Nicaragua's political system from its roots to achieve authentic democracy and justice.

See also "Complicated Economic Outlook"

For his part, Juan Sebastián Chamorro, executive director of the Nicaraguan Foundation for Development and Democracy (Funides), explained that " ...'The country has a high level of paralysis but what is wanted is for all sectors to cease activities for 24 hours to send an unequivocal clear message, that here a change is necessary and imperative, the democratization of the country is necessary, a national dialogue is necessary, in order to resolve this problem and, above all, to stop once and for all the repression that is taking place in all the departments of the country by the police and para-police forces.'"

More on this topic

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After motorized paramilitaries attacked a group of businessmen with firearms on September 7, the productive sector asks the government to clarify the facts "in an objective and truthful manner.”

The violent aggression was directed at the Cosep delegation and the Civic Alliance, made up of José Adán Aguerri, Michael Healy and Álvaro Vargas, who accompanied journalists Jaime Arellano and Aníbal Toruño on a visit to the city of León, reported the Superior Council of Private Enterprise (Cosep).

More Taxes in Times of Crisis

February 2019

In the midst of Nicaragua's political and economic crisis, the National Assembly approved a tax reform that increases the income tax of large taxpayers from 1% to 3%.

On the morning of February 27th, the reform of the Tax Concentration Law was approved, which also contemplates raising from 1% to 2% the income tax for medium sized companies with higher incomes.

Figures from the Crisis

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After the political and social crisis that began in April, the Nicaraguan economy will lose more than $1.3 billion this year, and GDP could decline by 4%, together with the collateral effects suffered by the countries of the region.

Several indicators have reflected the weak performance of the country's economy since the crisis began.

Businessmen Demand Withdrawal of Snowden Asylum Offer

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Nicaraguan businessmen fear that the United States could retaliate against the country and that this would affect exports, investment and remittances.

Employers petitioned President Daniel Ortega to reconsider its offer of asylum to former U.S. consultant Edward Snowden. "We believe that there are no conditions for asylum," said the president of the Superior Council of Private Enterprise (Cosep), Jose A.

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