After several rescheduling, the deputy president of the Nicaraguan regime, Rosario Murillo, announced that this week will be the inauguration of the new Central American Bank for Economic Integration (CABEI) building, stressing that they are “ready” for the act as well as for “receiving directors” of the regional financial institution.
“We are also ready for this week to inaugurate the new building of the Central American Bank for Economic Integration and receive the directors, the president, brother; Dante Mossi, from that bank that is so important for our Mesoamerican region,” the government spokeswoman told official media in a telephone communication on Monday.
Related news: Nicaragua and other countries received more than two billion dollars from CABEI in 2021
The inauguration was scheduled for December 15, 2021, however, weeks before it was suspended due to the decision of 10 of the member countries, except Honduras and Nicaragua. Among those who voted for its suspension was Taiwan, a country with which days later the dictatorship broke diplomatic relations to establish them with China.
The Nicaraguan opposition has accused CABEI of financing the Daniel Ortega dictatorship, however, Mossi has defended the huge disbursements stating that they are projects for the citizens. Despite international complaints, the agency has not stopped disbursements to the Nicaraguan administration.
In October 2019, the work began. CABEI’s Executive President, Dante Mossi, and the Minister of Finance and Public Credit (MHCP), Iván Acosta, were present at that act. The project, valued at 16.5 million dollars, was scheduled to be completed by the end of 2020.
Related news: International pressure forces CABEI to suspend the inauguration of its headquarters in Managua
The inauguration scheduled for December would have been suspended due to the pressure exerted by the international community and opponents abroad who wanted “the inconvenience of the state of democratic exception that Nicaragua is experiencing to be mentioned,” but given that some countries required consultations to endorse that wording, the situation was implicit.
He recently oxygenated the dictatorship with 400 million dollars for a program that contemplates the construction of 16 bridges that represent 1 thousand 52.5 linear meters. The project is executed by the Ministry of Transport and Infrastructure (MTI). The criticism of these loans is based on the fact that the dictatorship uses the funds in a discretionary manner and makes political proselytism with the resources, which also serves to maintain its parallel discourse that everything is fine in the country and going in the right direction, while they persist the continuous violations of human rights and there are more than 170 political prisoners.
