In the conclusive stage on the damage caused by Hurricane Julia, the Daniel Ortega regime raised the economic losses to 402.6 million dollars, equivalent to 14,527.2 million cordobas. The natural phenomenon that became a category 1 hurricane and was downgraded to a tropical storm in its wake affected more than six thousand families.
The sanctioned Minister of Finance, Iván Acosta, informed in his report presented on the afternoon of Tuesday, October 18, to state propaganda media that the total damage with respect to the Gross Domestic Product (GDP) is equivalent to 2.6 percent.
Related news: Nicaraguan Regime Continues “Julia Damage Assessment”
The public official explained that the effects are recorded in 96 municipalities in the country, an impact that was generated to a greater extent in the municipalities of Corn Island, El Rama, Laguna de Perlas, Kukra Hill, Bluefields, El Tortuguero, La Desembocadura del Río Grande, La Cruz de Río Grande, Juigalpa, Tuxtepec and Managua in districts five, six and seven.
The highest concentration of losses and damages —according to the report— was registered in the health and education sector, accumulating 2 thousand 578.1 million córdobas.
As for the productive sector, concentrated in livestock, the greatest loss was in the units, the small, medium and large producers, while in infrastructure, the greatest losses are in the public sector, and add up to 9 thousand 645.5 million cordobas.
On the other hand, the report indicates that the Ortega regime “is going to make the maximum efforts in the management of financing resources from the multilateral organizations of the United Nations System, friendly countries to repair, restore, rebuild,” which is interpreted that the regime is focused on asking for “more humanitarian aid.”
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Acosta affirmed that the “instruction of the Nicaraguan dictators” is to mobilize the necessary resources to serve families, support municipalities, support production as has been done in the communities. Rebuild normality and activity…”.
For its part, the Central American Bank for Economic Integration (CABEI) donated 500,000 dollars to Nicaragua to deal with the damage caused by the natural phenomenon. In addition, the president of the banking entity, Dante Mossi, agreed on Tuesday with the Ortega regime “to build an operation to deal with this damage, to be able to rebuild the country, and for the country to maintain the pace, growth, the economy, attend to to the families, the communities, the people who were impacted by this hurricane.”
Recently, the vice president of Nicaragua, Rosario Murillo, had reported aid from her ally China, without specifying what the aid consists of or how much the amount is. The United States ambassador to Nicaragua, Kevin Sullivan, also indicated just after the hurricane that the Joe Biden government is analyzing how to help the country.
