https://www.tortillaconsal.com/bitacora/node/5629 (excerpted)
Due to the good measures adopted by the Government of Reconciliation and National Unity, we have overcome a Failed Coup d’état, Covid, hurricanes Eta and Iota, we have recovered from 3.7% negative growth to now above 4.5% in positive growth. If you look at the behavior pattern from 2020 to 2023, we have a consolidated growth of 19.7%, very few economies in the region can say that.
That says very good things, because what it says, the Productive and Economic Sectors trust in the good management of the Government of Reconciliation and National Unity, and our income has an upward or rising pattern. All taxes, that is, the fiscal effort of Nicaraguans, also have an upward expectation. That has allowed us to increase our income, and therefore also, increase our expenses.
But even with that income-expenses relationship, because, in addition, here we do not talk complicated to people, if there is someone who knows how to manage a healthy economy it is the woman, because she does wonders in the Home. And the management of the Family Economy, Comrade, is not different from the Global Economy.
In the national economy we have a very positive performance because we have incomes above 154,000 million cordobas and we have expenses of 150,000 million cordobas, with a surplus of a little more than 4,000 million cordobas.
That tells you very good things about the economy, because apart from all the expenses that I like to call Social Investment, all the Social Investment in Free and Quality Health, in Education, in Infrastructure, in Productive Credits, in the Agricultural Sector, in Citizen Security, in Rural Electrification, in Drinking Water and Sanitary Sewerage. In short, everything that is the guidelines of the National Plan for Human Development and the Fight against Poverty of our Government, are fully and safely financed.
And even so, we have the possibility of transferring no less than 4,000 million cordobas to the strengthening of International Reserves to further consolidate our currency and our reserves in dollars.
In addition to the good news for Nicaraguans, all these programs we have, the subsidies to provide the school backpack, school meals, streets for the people, houses for the people, the Solidarity Bonus, all the guidelines for combating poverty, are fully funded, and that is good news for Nicaraguans.
Imagine now that this Budget includes the resources for the rehabilitation of the most important and modern International Airport in the Central American and Caribbean Region, such as the Punta Huete Airport. We are finishing formalizing the resources for the construction of a Deep Water Port in the Caribbean of our Country. And then the enormous investment that is being made, for example, in Corinto.
If you look at the Strategy for the development of the productive and export infrastructure of our Country, that appeals to the investor when he reads the Budget and looks, he says, look these people are doing things right, these people are growing, these people are investing, they are not only investing in the Social Sector, but they are also investing in the Productive and Export Sector. This Country is worth investing in.
Investment is business, business is jobs, jobs is poverty reduction, and there we go in the virtuous circle of the fight against poverty. Because the only enemy our government has is poverty, and extreme poverty. Therefore, in very general terms, we can define in one word the economic management of the Government of Reconciliation and National Unity, it is success! And not said by us, because they can say, well, this is Sandinismo.
Both the International Monetary Fund and the most prestigious Risk Rating Agencies at a Global Level have said that Nicaragua is a healthy economy, it is a stable economy, that all productive sectors are growing, that there are possibilities and stability to invest here, and that the rules of the game are clear and predictable.
China is financing the International Airport, it is going to finance our Deep Water Port. It is financing Solar Powered Electricity Generation Plants, so we can reduce the energy bill from pumping water to all Nicaraguan homes; and so on. It is also financing spheres for fuel, for gas, to have gas stored, and to be self-sufficient in the management of Liquified Petroleum Gas.
There is also Russia, there is also Belarus, they are financing us in a very sustained and very determined way, especially in Goods and Services that have a positive impact on the Agricultural Sector and the Municipalities of our Country. That is extremely important and we also have it in this General Budget of the Republic.
Chicago ALBA Solidarity 