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


credit: Wikipedia

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.

Rising Costs And Falling Incomes Hit Schools - One Finds Creative Solution

A New Zealand primary school is so low on cash it's setting up an endowment fund to make up for it. Stuff.co.nz reports on the plight of Clifton Terrace School, which is in the suburb of Atawhai...more

UK government launches AI innovation programme to lower carbon emissions

"Putting this rapidly-evolving technology into action will enable us to save energy costs for businesses and households, create high-value, skilled jobs, and kickstart millions of pounds of private...more

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...more

MTN Ghana Foundation Wins Four Awards At Sustainability And Social Impact Awards

Ghana's MTN has been named "Best Company in SSI Project of the Year (Socio-Economic), Best Company in Educational Sponsorship Project, Best Company in Economic Empowerment, and Best Company in...more

Do Investors Need To Sacrifice Returns To Reward Strong ESG Performers?

One of the fastest-growing areas of investment is "socially responsible investing," or ESG, which focuses on a company's social, environmental, and governance practices. But while some see it as a...more

Schroders Launches £1B Real Estate Fund Targeting UK's Most Deprived Towns

Schroders Capital has a new fund in the works that it says will bring "positive social impact" to some of the UK's most deprived areas. The UK Real Estate Impact Fund will invest in affordable...more

ESG Prohibition Lifted On Your 401(k) by Department Of Labor Ruling

The Labor Department has rolled back a rule brought in under President Trump to make it easier for employers to include impact investment funds in their retirement plans. The Trump-era rule, which...more

What's Happened So Far At The UN's COP27 Climate Summit?
Foundation: Gates Foundation

According to Vijay Vaitheeswaran, Global Energy and Climate Innovation Editor at The Economist, the UN climate conference has raised awareness of concerns like climate reparations for developing...more

Why Venture Capitalists Are Doubling Down On Impactech Sector

When it comes to venture capital, India is home to 107 "unicorns" - startups valued at $1 billion or more - but only 11 of them are impact startups, Quartz reports. "One could argue that asset...more

Australia Working With Impact Investors To Support Women's Economic Empowerment In Southeast Asia

The world's richest women are putting their money where their mouth is, with a new fund that's investing in women-led businesses in Southeast Asia. The $10 million fund, called the Southeast Asian...more





Social Innovation News from...


Skoll Foundation
Coca-Cola Foundation
Microsoft



Social Entrepreneurship
Spotlight



Wealthy Resource Generation: Tax Us More!


Resource Generation, a group of young people who grew up wealthy, wish to give something back. They published a letter this week that implies advocacy and participation in structural change that will ultimately improve the resourcing of schools in Pennsylvania.




Social Services Jobs in Rhode Island

  Program Director Jobs
  Fundraising & Development Jobs
  Foundation Related Jobs
  Social Work Jobs
  Executive Director Jobs


Federal Government Grant and Assistance Programs


Medicare_Hospital Insurance | Overseas Programs Group Projects Abroad | Mortgage Insurance_Rental Housing for the Elderly | Brownfield Job Training Cooperative Agreements | Food for Progress | Supplemental Nutrition Assistance Program (SNAP) Recipient Trafficking Prevention Grants | Limited English Proficiency Initiative | Health Professions Preparatory Scholarship Program for Indians | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2022 Copyright Michael Saunders