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November 23, 2022
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They ask the IDB to “oversee and supervise” future disbursements to the Ortega regime

They ask the IDB to "oversee and supervise" future disbursements to the Ortega regime

The Blue and White National Unit (Unab) addressed a letter to the new president of the Inter-American Development Bank (IDB), Ilan Goldfajn, in which he demands to “monitor and supervise” future disbursements that will be approved to the Nicaraguan regime.

“In addition to wishing him success in his new position, the National Unity points out that Nicaragua lives in a de facto state of exception, with civil and political liberties violated and a government lacking legitimacy also described as a corrupt regime. He points out that until now, the flow of financial aid and loans from international organizations are managed in a discretionary manner and without due public social control, “stresses the statement published on Tuesday.

Related news: Nicaraguan regime congratulates Brazilian Ilan Goldfajn, new president of the IDB

They hope that under the presidency of Brazilian economist Goldfajn, “the funds that the IDB eventually provides to the Ortega government will be duly supervised so that they are not used for repression or other uses.”

“That all disbursements take into account the situation of lack of democracy and disrespect for human rights that exists in Nicaragua, and therefore, eventual disbursements are accompanied by a correct rendering of accounts,” concludes the statement from the opposition organization.

The international financial organization is one of the entities that has most oxygenated the Ortega regime. Following the passage of Hurricane Julia, on October 28, the IDB authorized a disbursement of 10 million dollars to the Nicaraguan dictatorship to address the economic losses caused by the natural phenomenon.

Specialists have affirmed that Ortega continues his onslaught against the Nicaraguan people for feeling financially “supported” by the International Monetary Fund (IMF), the World Bank (WB) and the Inter-American Development Bank (IDB), in addition to CABEI.

Given this, US congressman Albio Sires urged these entities to “take measures” to stop financing the “infrastructure of oppression” of the dictatorship. According to Sires, since 2018 the Ortega regime has received some $1.2 billion in loans under the pretext of poverty reduction, disaster relief, and support for small businesses.



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