Will Revoking the Reform Be Enough?In Nicaragua, President Ortega has revoked the controversial law to reform the National Institute of Social Security, but demonstrations continue and business leaders are calling on the government to have a dialogue.Monday, April 23, 2018
Five days of protests, looting and several deaths in different areas of the country is the result of the controversial reform that the Ortega administration announced on Wednesday, and which only five days later, it had to revoke in order to try to ease social tension. The reform aimed to raise the contribution paid by companies by 2% and employees' contribution by 5%, effective from July. The presidential decree 04-2018 was published this Monday in the Gazette number 76. Source: elnuevodiario.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Coffee: Law Reform Tailored to the GovernmentAugust 2019 The Nicaraguan government seeks to deprive the business sector of the power to propose its representatives to the National Commission for the Transformation and Development of Coffee Farming. End of Honeymoon Between Businessmen and Government?April 2018 In Nicaragua, the private sector is opposed to the reform of the Social Security law recently approved by the Ortega administration, which increases the contribution quota of companies by 2%. Government-Business Understanding Continues in NicaraguaSeptember 2013 Leading Nicaraguan entrepreneurs continue to support the model of economic negotiation with the government. Nicaraguan Businesses Reject Constitution ReformOctober 2009 Businesses unions communicated they are concerned and worried by a Supreme Court resolution enabling President's Ortega reelection.
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