Nicaraguan Private Sector Expecting ‘Continuity’ from Government

The private sector hopes to continue working 'closely' with the Government, maintaining the current 'close relationship'.

Wednesday, November 9, 2011

The re-election of Daniel Ortega has not worried the business sector, and they hope to continue working as before.

Mario Amador, representative of the Chamber of Industry, and the Superior Council of Private Enterprise (COSEP) also said they expect a consensus on the laws that are to be approved in the future.

"Meanwhile, Manuel Alvarez, the president of the Union of Agricultural Producers of Nicaragua (UPANIC), said the expectation they have is that economic policy will remain the same as it was previously.

"We hope to continue to maintain a stable macroeconomic policy in the country and that the agricultural sector will benefit from sensible policies to increase production and exports," said the leader in agriculture', reported

More on this topic

Elections in Nicaragua Confirm Continuity

November 2016

According to Fitch Ratings the reelection of Daniel Ortega as president of Nicaragua means stability in the country's economic policies.


Stability and economic and political continuity is what Fitch Ratings envisages for Nicaragua after the outcome of the presidential elections last Sunday, in which President Daniel Ortega was declared the winner, with 70% of the vote, according to a report by the Supreme Electoral Council. 

Nicaragua As Seen by the IMF in March 2015

March 2015

"Nicaragua has advanced greatly in recent years consolidating its economic stability, improving macroeconomic balances and reducing vulnerabilities."

From a statement issued by the International Monetary Fund (IMF):

Mr. Min Zhu, Deputy Managing Director of the International Monetary Fund (IMF), issued the following statement at the conclusion of his visit to Nicaragua today:

Government-Business Understanding Continues in Nicaragua

September 2013

Leading Nicaraguan entrepreneurs continue to support the model of economic negotiation with the government.

"Everyone here is free to move, the press is free to speak and I think from that point of view we are living in an open society," said the businessman Carlos Pellas, president of Grupo Pellas.

Businesses Optimistic About Ortega’s 2nd Term

January 2012

Private sector leaders expect that the Sandinista government will maintain reasonable macroeconomic policies, agreements with the IMF, and continue to dialogue with businesses.

Business leaders are expecting continued government-business dialogue, agreements with the IMF and the continued promotion of foreign and domestic investment in President Daniel Ortega’s the second term, which began on 10th January.

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