With the construction of the Coastal Highway (La Costanera) well under way, there has been a lot of discussion about how it will link Nicaraguan communities along the Pacific Coast. More recently, people have been asking about the Coastal...
This year’s minimum wage discussions went down to the wire and it needed the extra Leap Year day this February to get the result.
However, a consensus was reached today (29th February 2024) by the sectors that made up the...
Good news from the Central Bank of Nicaragua in their “Report on Tourism Income in 2023” which states that more than 1.2 million visitors spent a total of US $739.2 million in Nicaragua in 2023.
Source; Central Bank of Nicaragua...
This February 15th 2024, the National Assembly of Nicaragua approved Law No. 1192, Law for the Certification of Environmental Permits and Authorizations.
Once the corresponding permits or authorizations have been obtained, the beneficiary, prior to the start of the project...
At the fourth meeting of the Minimum Wage Commission last week in the nation’s capital of Managua, seven proposals were being discussed from various employment groups as part of the minimum wage review 2024. The commission will need to...
The Central Bank of Nicaragua (El Banco Central de Nicaragua or BCN) has now released the final figures for 2023 in relation to the record remittances entering Nicaragua.
Q4 2023 - At US $1.226 billion (up 26.9 percent compared to...
It’s a new year and time for Nicaragua’s Minimum Wage Commission to sit down for the minimum wage negotiations in order to reach a consensus on this year’s minimum wage increase by February 28th 2024.
When last year’s minimum wage...
On December 28th 2023, the National Assembly approved a new law that sets out the structure of the Ministry of the Interior, a ministry that will replace the Ministry of Governance (Ministerio de Gobernación - MIGOB).
The previous Ministry of...
As announced this last August by the Central Bank of Nicaragua (BCN), the sliding rate of the Nicaraguan Córdoba (NIO) against the US Dollar (USD) will be 0% starting January 1st 2024. This eliminates the slow devaluation of the...
Nicaraguan state workers will receive 16 days off for this Christmas and New Year Holidays including the two seasonal holiday days.
State Workers
Vice President Rosario Murillo announced the state workers holidays for Christmas and New Year, declaring that for them,...
