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Ortega Swear-in, Down to
Business
A foreign investors meeting one
day after Daniel Ortega's
swearing-in ceremony in
Nicaragua reaffirms that foreign
capital trusts in the Sandinista
administration.
Vice-president elect Jaime
Morales Carazo along with the
president of the Private
Enterprise Supreme Council Edwin
Kruger shared the opinion for
the organization of the meeting
foreseen for January 11 in
Managua.
Opponents say the president
elect s victory will cause a
mass exodus of capital and
investments, but he has already
met representatives of the
different economic sectors in
recent weeks.
Ortega told all of them that his
intention was not to make
radical changes in the ruling
macroeconomic system but to
promote national and foreign
investment as the pillars of
jobs sources to help eradicate
poverty.
He also promised to respect
economic agreements in force but
does not rule out the search for
new markets in the south of the
American continent, Europe and
Asia.
No transnational enterprise has
abandoned the country after the
Sandinista National Liberation
Front s victory last November 5
and bank assets remain steady,
according to the Central Bank
information.
The future vice president, who
will evidently run future
government relations with
enterprise sectors, assured
there is confidence in Nicaragua
s perspectives.
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