Expat Community > Nicaragua

canman
Joined 2009
Posts: 108

Ortega and re-election

15 years ago

On Dec. 3rd the Legislative branch rejected the Supreme Court's constitutional amendment that allows Ortega to run for a second consecutive term in 2011. A second term would be good for Ortega, but it seems that popular opinion is not in favour.

From what I have read, Ortega has been costly to Nicaraguans, in that, (allegedly) he has been siphoning foreign aid dollars into his own accounts to buy ranches and hotels, etc. He also has been accused of fixing the Mayoral elections and his lack of transparency has cost the country significant foreign aid contributions.

I have not found any further info on Ortega's prospects for a consecutive second term. Can anyone else shed a little light on this?

Regardless of the outcome, I don't expect tourism to be negatively affected to any significant degree (Ortega is buying hotels, so he wouldn't want to shoot himself in the foot); however, how do you think foreign real estate investors and potential expats may see this?

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Expat Community > Nicaragua

Ortega and re-election

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