This Tuesday night, the president of the Central American Bank for Economic Integration (CABEI), Dante Mossi, once again ratified his commitment to continue oxygenating the administration of Daniel Ortega and Rosario Murillo through financing, despite the fact that the international community has rejected the repressive actions carried out by the Sandinista Executive, accused of committing crimes against humanity.
In a meeting held between Ortega and Mossi, on the occasion of the inauguration of the headquarters of the financial institution in Managua, the president of the banking institution was full of praise for the management that the regime has done with the funds provided by CABEI, for which, in his opinion, “Nicaragua has the largest and best structured program in all of Central America.”
“Things are running well, the hospitals are first world, I think the Nicaraguan people must feel very pleased with the quality of hospitals, I also reiterated the issue of health, we are very interested in continuing to work on water and sanitation, I think that water is life and sanitation is dignity and obviously it reduces poverty in Nicaragua”, expressed the president of CABEI.
Mossi stressed that this good management by the dictatorship will allow the banking institution to continue disbursing more funds for the execution of new projects and to complete those that remain pending, and announced that the banking entity is about to create the “regional debt market”, the which will allow Nicaragua to be financed from the Central American market.
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“We have the initiative to support these projects of the Caribbean port in Bluefields, we believe that this is very important and strategic and we are going to support it and also in completing these ambitious connectivity projects throughout the country, so that the Coast is not a dream. but a reality, CABEI is proud to have results”, he said.
Until now, CABEI is one of the few financial entities that remains active in oxygenating the Ortega dictatorship despite the criticism and rejection it has received from the population. Since the brutal repression carried out by Ortega in 2018, most multilaterals have reduced the funds given to Ortega.
Ortega also praises Mossi
During the meeting, the Nicaraguan president highlighted that CABEI “is the result of the commitment to Central American integration” and the contribution of “countries from beyond the region” that make “common cause” with “the Central American peoples in the fight against poverty and emergency situations, such as the pandemic” of covid-19.
“There the bank, logically guaranteeing resources to bring vaccines to our countries, life, defending the lives of the poor, that they have access to vaccines in the first place and that in this way we can then vaccinate as we are doing, the population , and we continue vaccinating, we continue vaccinating visiting families in the neighborhoods and in the countryside, in the mountains, health brigades go there to vaccinate,” said Ortega.
The inauguration of the CABEI headquarters in Managua was scheduled for December 15, 2021, sHowever, 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.
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 dollarswas scheduled to finish at the end of 2020.
At the end of November of last year, some twenty Nicaraguan opposition organizations asked CABEI to “condition any disbursement to the regime” of Ortega, who was re-elected in contested elections on November 7, “to respect for human rights,” and “to the release of all political prisoners.”
CABEI has approved close to 3,000 million dollars to Nicaragua since 2015, more than a third of which received the go-ahead in the midst of the sociopolitical crisis that the country has been experiencing since April 2018 and that has left hundreds of dead and detained. as well as thousands of exiles, according to opponents.
CABEI’s partner countries are Argentina, Belize, Cuba, Colombia, South Korea, Costa Rica, Spain, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Dominican Republic and Taiwan.
