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Nicaragua announces state of
emergency to end energy crisis
Nicaraguan President Enrique
Bolanos on Monday ordered a
state of economic emergency for
180 days in an attempt to tide
over an energy crisis that has
forced a three-hour-a-day
rationing in the supply of
electricity in the country.
Bolanos, who announced the
measure following a meeting with
the cabinet, said the crisis is
due to high fuel prices.
The Nicaraguan leader also
announced an increase of the
electricity price by 11.83
percent for users who consume
more than 150 kilowatt hour a
month, but the date for the
decree to come into effect has
not been decided yet. Only one
fourth of electricity users will
be affected by the surcharge.
Bolanos will send the decree to
the country's National Assembly
for discussion and approval
within 72 hours from its
publication in the Official
Gazette.
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