Nicaragua: Employers do Not Trust Judicial System

A survey has revealed that 73% of Nicaraguan entrepreneurs distrust the country's judicial system, and perceive the state as very corrupt.

Friday, April 12, 2013

Despite this result, the fourth survey on Trust and Corporate Intent, conducted by the Nicaraguan Foundation for Economic and Social Development (Funides), notes a slight improvement in the situation.

"In a survey conducted by Funides with 58 companies representing 30% of the gross value of production of the country, employers said that in addition to the distrust in the application of justice, they also perceive a lot of corruption in state institutions," reported

"Other negative factors for business, according to the entrepreneurs, are the high price of electricity and the cost of raw materials or goods."

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