Less investment, depletion of international reserves and contraction of public spending, in the opinion of Funides, are some of the effects that might be felt if the US Senate approves the bill.
The Nicaraguan Foundation for Economic and Social Development (Funides) has analyzed the potential impact of a possible US approval of the bill known as the "Nica Act", which aims to place conditions on the granting of loans by international institutions to the Ortega administration.
The US Congress passed a law which puts conditions on Daniel Ortega's government for obtaining loans from international institutions.
The purpose of the law known as the Nica Act, is for loans negotiated between Nicaragua and international financial organizations to be rejected by the United States, unless the Ortega government takes"... measures for the restoration of democracy and the holding of free, fair and transparent elections."
If Central America does not strengthen the institutions that ensure a stable legal framework and full respect for contracts, foreign investment will not come and national investment will go to other countries, no matter how many incentives and tax exemptions are offered.
Political instability is making both domestic and foreign investors very nervous.
An article in Laprensa.hn looks at how recent political developments related to legal certainty, are worrying Honduran businessmen, as they complicate the promotion of the country as a recipient of foreign investment.
Growth and economic stability, legal security, fiscal incentives, liberal immigration policies, the 2006-2008 real estate boom and the fact that hurricanes avoid it.
Six months after the first completed units were handed over to their new owners, the creation of the project that gave life to Trump Ocean Club and its sail-shaped tower is the subject of an interview by AméricaEconomía.com with the Panamanian developer, Roger Khafif, president of K-Group and Trump's partner in the project.
The results of the elections could marginally change a lot of things but they cannot significantly alter the direction of the country.
The country of the Canal has been the Central American powerboat in the last few years. High figures in sustained economic growth has caught the attention of the world, and with the upcoming electoral campaign, international analysts see the reasons for the Panamanian bonanza "as a successful conjunction of politics, governmental decisions, and stability in regulations."
Central America is blessed with natural resources and has a population of approximately 35 million people.
Nonetheless, poverty is a merciless scourge. 50% of Guatemala's population is in the poverty threshold. Nicaragua is the second poorest country in the Americas, surpassed only by Haiti.
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Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand. The OHNE brand has 8 product lines: square bread, sweet...
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