Nicaragua's Budget Will Be Approved With A Focus On Social Investment

Nicaragua's President Daniel Ortega is known for his anti-American rhetoric, but he's also known for his government's ability to create jobs.

That's why when the country's National Assembly approved the 2023 general budget on Wednesday, it was accompanied by this line: "The Government thus guarantees greater resources for roads, potable water, electric energy, and ports, in order to strengthen the economic and productive infrastructure of this Central American country."

The budget, which the country's finance minister said last month would "contribute in a stable, prudent macroeconomic framework to have better conditions to attract investments," is meant to create jobs and fight poverty, Prensa Latina reports.

Public investment in the country is expected to amount to more than $1 billion in 2023, the BBC reports. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Greenmoney: Investing in the Future of Water and Sanitation

Matt Damon and Gary White are putting their money where their mouth is. The two are co-founder and CEO of WaterEquity, a nonprofit that aims to improve access to safe water and sanitation around...more

Repsol: Environmentalists Denounce It for Greenwashing

Repsol, Spain's largest oil and gas company, is under fire from environmental groups for "greenwashing" its fuelsmeaning using palm oil instead of natural gasand is now facing a lawsuit from another...more

Social Impact Groups Bolster Leadership

One of Australia's most high-profile business leaders is leaving his post at the Australian Securities Exchange to lead the country's largest anti-slavery organization. David Braga, who has...more

Harvard Business School'S New Venture Competition Awards $225K in Cash Prizes

"The New Venture Competition provides a rigorous platform through which students develop their business ideas as a positive force for change," says Elise Bates, the new director of Harvard Business...more

Plasticfri, Swedish Eco-Friendly Startup Wins S'Pore Biz Competition

When Max and Allen Low were kids, their parents would ask them to spend a few minutes picking up garbage. "This became a habit which continued into adulthood, and we still make time for that...more

Glacier Bank, Federal Home Loan Bank Award $190K to Montana Nonprofits
Foundation: Whitefish Community Foundation

"Through our collective efforts, we're not just providing financial support, but we're investing in Montana's vitality and resilience." That from Mike Smith, president of Glacier Bank, which...more

Penticton Prospera Branch Donates $5K to Local Breakfast Program for Kids

"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more

Hornady Manufacturing Presents Significant Donation to Ccc

Central Community College in Grand Island, Neb., is getting a major boost in its criminal justice program thanks to a $750,000 donation from Hornady Manufacturing. The money will go to the...more

Starved Rock Country Community Foundation Spring Appeal Culminates with May 2 Giving Day

The Starved Rock Country Community Foundation is asking for donations for its 2024 Spring Appeal, which will fund education, mental health, local history, fine arts, entrepreneurship revitalization,...more

Kevin Dayhoff: Carroll Arts Council Enriches Our Quality of Life

On Thanksgiving Day in 1937, the Carroll Theatre in Westminster, Md., opened its doors to the public for the first time. Today, it's the home of the Carroll County Arts Council. The nonprofit...more






Social Entrepreneurship
Spotlight



A Bar That Saves Children’s Lives


Ryan Devlin, Todd Grinnell and Ravi Patel have traveled to Africa on a humanitarian trip a few years back, encountering children suffering from severe malnutrition get healthy through Plumpy’Nut®.



Federal Government Grant and Assistance Programs


Perkins Loan Cancellations | Securing Critical Underground Infrastructure Pilot Program | Delta Health Care Services Grant Program | Cooperative Landscape Conservation | Healthy Forests Reserve Program (HFRP) | Food Safety and Security Monitoring Project | Center for Sponsored Coastal Ocean Research_Coastal Ocean Program | Vocational and Educational Counseling for Servicemembers and Veterans | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders