Sunday, May 19, 2024

Financial

Financial

Ten and Twenty Córdoba Banknotes Receive Facelift

The Central Bank of Nicaragua (BCN by its acronym in Spanish) has announced that it will be introducing new style 10 and 20 Córdoba...

Minimum Wage Talks Progressing

The third round of minimum wage talks were held last week. To date, no less than five different proposals are on the table and...

2021 Remittances to Nicaragua – First Half up by almost 20%

Nicaraguan families received a total of US $1.030 Billion that was sent back to Nicaragua in the first half of 2021, according to the...

Nicaragua’s Economic Growth – Could be above 4%

Speaking at a meeting of the Production, Trade and Consumption System (Sistema de Producción, Comercio y Consumo), Iván Acosta, the Minister of Finance and...

Nicaraguan Financial Institutions Report 2020 Deposits Up 21%

This week, the National Assembly of the Republic of Nicaragua was presented with the Annual Management Report for 2020 from the governing body of...

Remittances to Nicaragua up almost 18% in Q1 of 2021

Remittances to Nicaragua (money sent home by those living and working abroad) totaled US $500.4 million in the first three months of this year,...

Remesas – Remittances to Nicaragua Top US $1.85 Billion

With the December 2020 numbers now in, statistics from the Central Bank of Bank of Nicaragua (Banco Central de Nicaragua or BCN by its...

Latin America Remittances Up 21.6% (World Bank)

World Bank; "Latin America and the Caribbean remittances are showing a 21.6% increase." (Nicaragua is up 16% Year to Date) Nicaragua Last time we checked in,...

Public Finance Information – Changes to Published Information

The Central Bank of Nicaragua has announced that as of June 15th 2021, the Ministry of Finance and Public Credit (Ministerio de Hacienda y...

World Bank to CA – “Improve Productivity and Grow”

WASHINGTON, D.C., April 26th, 2021 - A new report by the World Bank studied growth factors, constraints, and opportunities for each of the countries...