#Nicaragua: 2 years of political + social crisis forces more than 100,000 to flee. Implementing a Nutrition-Sensitive Agriculture approach, PAIPSAN brought agricultural and artisanal fishery innovations, nutrition training, good socio-environmental practices, as well as investments to increase value-addition and commercialization to improve family agriculture practices by indigenous, afro descendent and mestizo communities. Additionally, the International Finance Corporation (IFC), the World Bank Group private-sector arm, plays a lead financing role in the agribusiness and financial sectors, while the Multilateral Investment Guarantee Agency (MIGA) is open to opportunities to support foreign direct investment in the renewable power generation, agribusiness and financial sectors through the provision of risk guarantees. ♦ Receive daily updates directly in your inbox -. The project not only financed civil works but also helped Nicaragua strengthen municipal and community capacities for the administration, operation and sustainable maintenance of water and sanitation systems in rural areas. From 2015 to 2019, the Nicaragua Caribbean Coast Food Security Project (PAIPSAN for its acronym in Spanish), financed by a grant of the Global Agriculture and Food Security Program (GAFSP), helped 14,826 beneficiaries (47% - 6,983 are women; 33% - 4,839 are youth; 4,136 are indigenous and 791 are afro descendants) and their families (85,812 people) in more than 500 rural communities of 15 municipalities to improve their availability and access to more nutritious food. A market in downtown Managua, Nicaragua organized by the Ministry of Family, Communal, Cooperative, and Associative Economy (MEFCCA) in December 2020 (Photo credit: The Grayzone's Ben Norton) Media fuels economic war on Nicaragua with false ‘conflict beef’ story Nicaragua + 3 more. An additional 5,100 are hosted in other countries, comprising to date, a total of 103,600 Nicaraguan refugees and asylum seekers worldwide. Moreover, leading human rights groups have seen their legal registrations cancelled after being accused of supporting the 2018 protests while the right to peaceful assembly had also been impeded by a new police requirement for permits to carry out public gatherings. Progress can also be seen in digital innovation centers for the cities of Bonanza, Siuna, León, and Granada. The technology of using Mobile Capture Devices in the Census was tested in pilot exercises. Over the past two years, more than 100,000 people in Nicaragua have sought asylum abroad, reportedly fleeing persecution and … Molotov cocktails and state-led violence: How Nicaragua is slipping into Venezuela-crisis territory Published Fri, Jun 15 2018 6:55 AM EDT Updated Fri, … Find Out. Copied. Nicaragua economic growth for 2018 was $13.06B, a 5.24% decline from 2017. The sovereign insurance offered by CCRIF Segregated Portfolio Company (SPC) is currently one of the main disaster risk financing instruments that Nicaragua has in place to provide short term liquidity in the case of a disaster, enabling the country to respond to the disaster until other funding can be mobilized. Since April 2018, political persecution has pushed tens of thousands of Nicaraguans to flee to neighbouring countries, two-thirds of whom currently shelter in Costa Rica. Also, more than 427,000 students received backpacks stocked with school supplies and shoes, which was recognized by parents as an incentive to keep their children in school. In 2017 Nicaragua maintained a good growth rate of 4.6 percent. The third and final national dialogue, with or without Ortega in power, can only come about from an electoral political policy bolstered in … This was Nicaragua’s fifth renewal of Caribbean Catastrophe Risk Insurance Facility (CCRIF) policies. This is echoed, for example, in the training of 2,518 health workers, the creation and equipping of entomology rooms for the prevention of diseases transmitted by mosquito bites; in the establishment of hospital waste management plans in 34 of the 64 hospitals; in the creation of a wastewater evaluation system; in an increase in the percentages of women receiving prenatal care (>80%), in the scope of coverage of childhood vaccination (>85%), and institutional delivery (> 88%). We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Employment by economic sector in Nicaragua 2020 Published by H. Plecher, Oct 27, 2020 The statistic shows the distribution of employment in Nicaragua by economic sector from 2010 to … Political and economic unrest in Nicaragua could ... —El Salvador, Guatemala, and Honduras. Asia 15:24, 31-Oct-2020 Economic crisis looms amid pandemic and protests in Thailand. The economic crisis, said the economist, can be seen in the decline in all economic, academic and cultural activity, capital flight and migration. In addition, statistics management capacity in preparation for the Population and Housing Census improved: Nicaragua now has an updated and redesigned digital cartography for statistical operations in all the municipalities. Doctors, journalists, students and farmers are among more than 60,000 Nicaraguans who have fled the country in fear of their lives since anti-Government demonstrations began last April, UNHCR, the UN Refugee Agency, said on Tuesday. This is a summary of what was said by UNHCR spokesperson Shabia Mantoo – to whom quoted text may be attributed – at today's press briefing at the Palais des Nations in Geneva. https://t.co/ZtZCNcyeJq pic.twitter.com/f4lJpWwK9q. There have been important achievements, such as the implementation of a Teacher Mentoring Program for primary and secondary school teachers, including the training of more than 500 school directors and deputy-directors, and the effective mentoring of more than 1250 teachers; in-service training for primary and preschool teachers with more than 9000 preschool teachers participating. Its overall score has decreased by 0.5 point due to a drop in the fiscal health score. From 2017 to date, the Caribbean Regional Communications Infrastructure Program - Nicaragua (CARCIP) has promoted access to 3G cellular mobile phone services, including broadband Internet access at speeds above 2Mbps in 16 communities of the Caribbean Coast and Río San Juan, benefiting 39,518 inhabitants. This page has economic forecasts for Nicaragua including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Nicaragua economy. The pandemic, however, has the potential to lower this level of remittances in the short term. Finally, the project enabled two open innovation centers in the Caribbean Coast (Puerto Cabezas and Bluefields) where young university students, with the help of mentors and following an open innovation methodology, developed 9 applications. The work program for 2018-2022 comprises interest-free credits and donations from the International Development Association (IDA) for investment projects, South-South exchanges, technical assistance, and analytical work. Between 2012 and 2018, with the Second Educational Sector Support Project (PASEN II), an International Development Association (IDA) financed project, around 230,000 primary students of the poorest regions of the country, representing 25 % of the national enrollment in primary education, received math, language, and literature textbooks, and almost 2,400 schools were equipped with new furniture. IFRC; Posted 19 Nov 2020 … What will be the effect of deteriorating economic conditions on the prospects for dialogue? Anti-government demonstrators flash a three-finger salute of defiance during a protest rally at the Silom business district in Bangkok, Thailand, October 29, 2020. HAVANA TIMES – Nicaragua is heading for a third consecutive year of economic contraction in 2020, which will result in open unemployment for at least 237,000 people, and a poverty level above two million Nicaraguans, according to estimates of the Nicaraguan Foundation for Economic and Social Development (Funides), whose economists urged for a political solution to the crisis. Hurricanes Iota and Eta struck Nicaragua in November, 2020, with catastrophic force, causing widespread damage, loss of life and aggravating the risks of the COVID-19 transmission. By Dusita Saokaew Share . Liberal media outlets are aiding a US economic war on Nicaragua’s Sandinista government, calling for a boycott of “conflict beef” based on deeply flawed opposition accusations. Social unrest and its aftermath eroded confidence and caused large capital and bank deposits outflows that resulted in a prolonged output contraction. The pandemic has caused the worst economic crisis in living memory. An uncertain political climate and a lack of confidence in the rule of law will weigh on Nicaragua's economic prospects, keeping real GDP below its 2017-peak well into the medium term. 19 Nov 2020 Originally published 18 Nov 2020. It has also been improving the conditions of school environments for learning in selected schools; and strengthening the capacity of the Ministry of Education for project management, monitoring and evaluation. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Since 2015 and 2018, respectively, through the projects Strengthening the Public Health Care System  and Integrated Public Provision of Health Care Services, the World Bank supports the institutionalization of plans to improve the quality of health care in Nicaragua and the prevention of chronic diseases in the first level of care. 3. Nicaragua is heading for a third consecutive year of economic contraction in 2020, which will result in open unemployment for at least 237,000 people, and a poverty level above two million Nicaraguans, according to estimates of the Nicaraguan Foundation for Economic and Social Development (Funides), whose economists urged for a political solution to the crisis. This recovery in 2021 is only partial as the level of economic activity is projected to remain below the level we had projected for 2021, before the virus hit. The economic future of Nicaragua does not look brighter after the Funides foundation reported that a contraction of between 7.3% and 10.9% of the country's GDP is expected during 2019, which accentuates the economic crisis and gives rise to name this country "the other Venezuela of Latin America", as the economic newspaper Portafolio recently did. Nicaragua Economic Outlook November 10, 2020 The economy contracted 7.9% in Q2 according to recent data, despite the lack of a domestic lockdown. Nicaragua economic growth for 2019 was $12.52B, a 4.16% decline from 2018. The dynamic is participatory and encourages municipalities to prepare health improvement plans. Economic Indicators for Nicaragua including actual values, historical data, and latest data updates for the Nicaragua economy. Due to the social and political unrest that the country has experienced since April 2018, the economy contracted to -4.0 and -3.9 percent in 2018 and 2019, respectively. This plan focuses on both investing in the human capital of Nicaraguans, health, education and skills, and on the private sector to create better paying jobs. 2 Format Situation Report Source. The government of Nicaragua renewed its earthquake, tropical cyclone and excess rainfall policies for 2019/20. Nicaragua’s on-going human rights crisis can be resolved peacefully through dialogue, the UN’s top rights official said on Tuesday, before expressing concern about allegations of torture and murder of protesters involved in last year’s anti-Government demonstrations. Nicaragua economic growth for 2016 was $13.29B, a 4.15% increase from 2015. Currently, the pandemic is expected to adversely affect Nicaragua through declined remittance inflows, reduced trade, paralyzed tourism, and increased risk premiums, partially offset by lower oil prices. “However, since the end of February 2019, when the Government and the Civic Alliance for Justice and Democracy resumed their dialogue, the number of violations against life and personal integrity has decreased, proof that dialogue is a possible and peaceful way to overcome the crisis”. Since the initial violent clampdown following popular protests in 2018, most Nicaraguans have fled to neighboring Costa Rica, which currently hosts 77,000 refugees and asylum seekers – two-thirds of those who have fled so far. The pandemic caused a widespread health crisis that has led to an economic crisis that may take longer to recover than anybody has been able … Nicaragua economic growth for 2017 was $13.79B, a 3.76% increase from 2016. Last September, Michelle Bachelet told the Human Rights Council that abuses had continued against activists who opposed social security reforms in the Central American State. Credits in Nicaragua: Crisis on the Rise Thursday, May 21, 2020 Given the political and economic crisis affecting the country since April 2018, a scenario that has combined with the crisis of covid-19, the loan portfolio increased from $5,172 million in March 2018 to $3,404 million at the end of April 2020. Persecuted Nicaraguans flee to Costa Rica in search of international protection. Nicaragua’s Country Partnership Strategy (CPF) for 2018-2022 was built based on a Systematic Country Diagnosis and aims to further address poverty reduction while promoting prosperity for more Nicaraguans. What role, if any, can the United States and other international actors play in the search for a political solution? Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). 2. The COVID-19 (Coronavirus) pandemic plus the violence that has prevailed in the last years, job losses, a fall in consumer and business confidence, and a decline in labor intensive sectors such as construction, commerce and tourism have taken a social and economic toll, further halting progress achieved in poverty reduction since 2005. The CPF prioritizes programs to expand coverage and quality of preschool, primary and secondary education; improve maternal and child health; and expand access to water and sanitation services. It was the sharpest contraction in over a year, as the coronavirus pandemic hit the economy. The protests in Nicaragua have been waning as a result of the demonstrators’ exhaustion and the brutal crackdown by the government of Daniel Ortega, using police and irregular forces. But now it is coping with its own political and economic crisis. Since October 2019, UNHCR has supported Costa Rica in streamlining procedures to determine refugee status for those alleging persecution in Nicaragua. Two years of political and social crisis in Nicaragua force more than 100,000 to flee. The protests in Nicaragua have been waning as a result of the demonstrators’ exhaustion and the brutal crackdown by the government of Daniel Ortega, using police and irregular forces. Banks cut lending, which exacerbated the downturn. The Building Census was carried out in 2017 and progress was made in the development of a technological platform for the collection and processing of Census data. The Project also supported the implementation of social programs to spread the benefits of proper hygiene and practices for water conservation, through a range of social learning techniques, including community theaters. The World Bank Group works in every major area of development. Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The COVID-19 (Coronavirus) pandemic plus the violence that has prevailed in the last years have contributed to a 2020 growth forecast of -5.9 percent further halting progress achieved in poverty reduction since 2005. In April 2020, USAID was taken over by de facto director John Barsa, a hardline Republican businessman, Trump ally, and son of anti-communist Cuban immigrants. The cumulative loss to global GDP over 2020 and 2021 from the pandemic crisis could be around 9 trillion dollars, greater than the economies of Japan and Germany, combined. As of October 2020, the World Bank portfolio in Nicaragua includes 6 projects, totaling US$328.90 million in net commitments, in the areas of (1) roads, telecommunications and land administration; (2) education and health; (3) and catastrophic insurance. Students from the autonomous regions in the Caribbean received 81,500 bilingual and monolingual textbooks in local languages. Environmental and Social Policies for Projects, International Development Association (IDA), Country Partnership Strategy (CPF) for 2018-2022, Multilateral Investment Guarantee Agency (MIGA), Second Educational Sector Support Project, Project “Alliance for the Quality of Education” (ACE), Nicaragua Catastrophe Risk Insurance Project, Sustainable Rural Water Supply and Sanitation (WSS) Sector Project, Second Land Administration Project (PRODEP II), Nicaragua Caribbean Coast Food Security Project, Caribbean Regional Communications Infrastructure Program - Nicaragua, Public Financial Management Modernization Project, Strengthening the Public Health Care System, Integrated Public Provision of Health Care Services, the Project for the Adaptation of Nicaragua's Water Supplies to Climate Change, Country partnership strategy for the period FY13-FY17. Hurricanes Eta and Iota: Information Bulletin no. This site uses cookies to optimize functionality and give you the best possible experience. On December 8th  2020, the World Bank approved a US$20 million credit from the International Development Association (IDA), the World Bank’s fund for the poorest, to support Nicaragua's readiness to respond to the COVID-19 pandemic. /AP. Nicaragua crisis: One year in, more than 60,000 have fled, seeking refuge, Nicaragua: UN chief calls on all sides to exercise restraint in wake of protests, UN chief welcomes regional declaration supporting the people of Nicaragua, Nicaragua ‘crisis’ still cause for concern amid murder, torture allegations: Bachelet. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face. For more information, check out Global Finance's Nicaragua Economic Report data page. All suggestions for corrections of any errors about Nicaragua Economy 2020 should be addressed to the CIA or the source cited on each page. The Nicaragua Catastrophe Risk Insurance Project enables access to an efficient sovereign risk insurance associated with natural events, such as tropical cyclones, earthquakes, and excess rainfall. The project also provided materials and equipment for teachers and students. 10 March 2020. The project will be carried out in collaboration with the United Nations Office for Project Services (UNOPS), and strict fiduciary … With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Since 2017 and as a follow up to PASEN II, the Project “Alliance for the Quality of Education” (ACE) has been improving pedagogical practices of teachers and educators nationwide at preschool, primary and secondary levels. Exports plunged on lockdowns abroad and the collapse in international travel, while private consumption and fixed investment also fell sharply amid uncertainty generated by the pandemic. The World Bank has supported poverty reduction measures in Nicaragua through the International Development Association (IDA), the World Bank’s fund for the poorest countries. Poverty – defined as living with an income below $3.2 per person per day in 2011 Purchasing Power Parity (PPP) – will increase to 15.1 percent in 2020 (from 9.7 percent in 2017), adding more than 350,000 people into poverty. This also includes the provision of health care, psychological support, shelter and food assistance. Neither the inertia of the economic crisis, nor external pressure alone, will force the dictatorship to negotiate a political solution. Despite global economic turbulence, Nicaragua has stood out for maintaining growth levels above the average for Latin America and the Caribbean. With no political resolution in sight refugee outflows expected to continue. As the world faces a historic challenge, the government of President Daniel Ortega is flagrantly ignoring the recommendations of international human rights organizations regarding the COVID-19 pandemic, putting at risk the health and lives of thousands of people in Nicaragua, said Amnesty International today. According to the latest forecasts, for 2020 growth is expected to fall to -5.9 percent, and would recover slowly to 1.1 percent by 2021. “These include people with chronic conditions or disabilities, those in need of surgery, torture survivors and people living in extreme poverty”. 95% of the municipalities report compliance with these plans, over 50% of what was proposed. Find out what the Bank Group's branches are doing in Nicaragua, Global data and statistics, research and publications, and topics in poverty and development, *Amounts include IBRD and IDA commitments. Investing in human capital, in particular for disadvantaged groups. 91.4% of women and children in protagonist families improved their Dietary Diversity Index by consuming 7 or more groups of food with high nutritional value. 4,000 people fleeing every month, incl. Meanwhile, remittances increased by 9.9 percent year over year in the first half of 2019, supporting household consumption and mitigating deeper poverty increases. In terms of water and sanitation, the Sustainable Rural Water Supply and Sanitation (WSS) Sector Project (PROSASR) provided water and sanitation systems to some 70 rural communities. The project will be carried out in collaboration with the United Nations Office for Project Services (UNOPS), and strict fiduciary requirements are in place to guarantee that all resources are used to benefit the people of Nicaragua. “Between August 2018 and July 2019, human rights violations continued to occur in Nicaragua”, Ms. Bachelet told the Human Rights Council. In addition, with the aim of strengthening digital human talent and digital innovation, the project awarded 1,747 scholarships in English, 910 scholarships in soft skills and 52 scholarships in technical skills related to the information technology industry. Nicaragua is still one of Latin America’s least developed countries, where access to basic services is a daily challenge. Over the past two years, more than 100,000 people in Nicaragua have sought asylum abroad, reportedly fleeing persecution and human rights abuses, the UN refugee agency, UNHCR, said on Tuesday. From 2013 to June 2020, cadastral information for about 168,005 parcels was updated, and more than 110,000 families received legal documents for their properties, of which more than 82,000 are new land titles. The economic crisis, said the economist, can be seen in the decline in all economic, academic and cultural activity, capital flight and migration. To better reach the country’s vulnerable families, IDA projects leverage local initiatives that stretch limited resources further and deliver sustainable results. On December 8 th 2020, the World Bank approved a US$20 million credit from the International Development Association (IDA), the World Bank’s fund for the poorest, to support Nicaragua's readiness to respond to the COVID-19 pandemic. On average, the project achieved 78.25% increase of agricultural yields, while more than 8000 protagonists adopted one or more agricultural and fishery technologies promoted by the project. This helps to reduce the time needed for people to be recognized as refugees and granted protection. And freedom of expression had also been restricted in various ways, from the closure of independent media outlets and the retention of their property and equipment, to the imprisonment of journalists for several months. ... CFR breaks down 2020… Nicaragua’s economic freedom score is 57.2, making its economy the 115th freest in the 2020 Index. students, human rights defenders, journalists + farmers. Just over 8,000 have fled to Panama and another 9,000 to Europe, Mexico shelters some 3,600 Nicaraguans. TODAY NICARAGUA - Eight months after the first case of Covid-19 was registered in Nicaragua, the country is experiencing a feeling of "normality" amid... Nicaragua restores 95% electricity service Rico Torres - November 24, 2020 0 Last year saw GDP contract 3.8% against expected growth of close to 5%, says Mario Arana, president of the American Nicaraguan Chamber of Commerce. The Second Land Administration Project (PRODEP II) covered six of the 15 Departments in the country, and helped develop better property rights regulations benefitting more than 805,946 people, more than half of which are women. The Administrative and Financial Management Information System –SIGAF– was implemented in all Central Government agencies. Venezuela (presidential crisis) The 2018–2020 Nicaraguan protests began on 18 April 2018 when demonstrators in several cities of Nicaragua began protests against the social security reforms decreed by President Daniel Ortega that increased taxes and decreased benefits. A total of 450 inhabitants of these communities benefited from the digital literacy campaign which was carried out in Spanish, Mayangna and Miskito. A participation of 6,702 beneficiaries was achieved, of which 64 % are females. With Nicaraguan President Daniel Ortega refusing to leave office before the end of his current term in 2022, what are the prospects for a peaceful resolution of the current crisis? 10/27/2020 All five protected areas within the project were demarcated, labeled and geo-referenced. It also seeks landholding, renewable energy and infrastructure improvement, increased productivity, exports diversification, and trade facilitation. Enabling private investment for job creation. In addition, it is planned to build more than 40 schools in prioritized municipalities of Nicaragua, of which several are under construction. Through the Project for the Adaptation of Nicaragua's Water Supplies to Climate Change (PACCAS), between 2012 and 2018 guaranteed access to water, protection of water resources, and mitigation of climate impacts in several communities vulnerable to the effects of climate change in rural was pursued. The crisis started rather unexpectedly when pro-government groups violently crushed a small demonstration against reforms to Nicaragua's pension system announced on 18 April. And with no resolution in sight, the agency expects these numbers to grow. 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