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Nicaragua: 2020 Agenda for the Business Sector

The private sector proposal includes building a new port in the Caribbean and improving existing ones, reviewing electricity tariffs, and creating a special tourist area in San Juan del Sur and Tola.

Thursday, December 15, 2016

The private union has submitted a proposal for development in 2020 that focuses on five areas: financing; infrastructure and services; public management and facilitation; education system and human capital; and innovation in business management.

From a statement issued by the Superior Council of Private Enterprise (COSEP):

The Superior Council of Private Enterprise, this morning presented to the COSEP the Agenda 2020 "For a democratic and prosperous Nicaragua," which it contains five strategic lines and 51 lines of action to improve the business environment in the country.

"Today we present the results of two years of work and we wanted to respond to what our entrepreneurs told us in the Survey on Sustainable Enterprises conducted in 2015 ... this Agenda is an effort that links the private sector, academia, agencies and multilateral meetings with the government that has allowed us to raise 51 lines of action that aim for steps to be taken in matters that go beyond responding to immediate problems," said the president of COSEP, Jose Adan Aguerri.

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Fostering Regional Development

November 2018

Reducing trade barriers and procedures, increasing legal security and improving productive infrastructure are part of the changes required by the business sector for the region's economic development.

In Guatemala, the 12th Ibero-American Business Meeting is held, in which the private sector presents proposals to face the current challenges and generate opportunities for the countries of the region.

The Tax Burden on the Economy of Guatemala

September 2014

The World Bank cites weak economic growth, low tax collection and low public investment as the factors affecting productivity and preventing greater economic development from being achieved.

Less taxes and consequently poor tax collection, coupled with limited public spending, are preventing Guatemala from achieving a better level of socioeconomic development, despite having achieved timid growth rates of GDP in recent years.

What if Development Projects Were Managed by the Private Sector?

June 2014

Out of the $80 million awarded in Costa Rica to the Limón Port City Project 5 years ago, only 12% of it has been spent, mainly on paying the salaries of public officials connected to the project.

Editorial

A few months ago a controversy arose in Spain over the allocation of funds for development, such as low-interest financing for development projects by a private construction company.

El Salvador: $ 30 Million for Production Projects

October 2010

The funds will be used to finance productive projects as well as promoting public-private partnerships.

By 2011 there will be $ 30 million, said Alex Segovia, the Presidency’s Technical Secretary, $ 10 million from Banco Multisectorial de Inversiones and $ 20 million which are being negotiated with the World Bank.