HomeArchiveDecrying Lack of Transparency, Finland Suspends $2.5M in Aid

Decrying Lack of Transparency, Finland Suspends $2.5M in Aid

The Finnish government suspended $2.5 million in aid to Nicaragua due to concerns over a lack of electoral transparency.

The budget support officer at the Finnish Embassy in Managua, Marko Lehto, told the online weekly Confidencial that a lack of domestic and international electoral observers in the upcoming Nov. 9 municipal elections were the deal breaker prompting the Finnish government to seek other ways to spend $2.5 million of the $16.5 million in aid to Nicaragua this year.

Confidencial is run by Carlos Fernando Chamorro, journalist and son of ex-President Violeta Chamorro whose non-governmental organization is under investigation for suspicion of laundering funds that originated from eight European countries, among them Finland. Critics have called the Ortega government’s investigation a “witch hunt” against opposition.

Finland’s Foreign Minister Paavo Väyrynen said Finland is concerned that Venezuelan aid continues to be unaccounted for in Nicaragua’s budget and that the Ortega government has yet to publish its National Human Development Plan.

The European Union also has expressed concern over Nicaragua’s electoral climate leading up to next week’s elections.

–The Nica Times and ACAN-EFE

 

Trending Now

Free Museums, Films and Music Fill Costa Rica’s Weekend Calendar

Costa Rica is offering a wide range of free cultural activities this weekend giving everyone an opportunity to enjoy live music, movies, theater, traditional...

Canadian Says She Lost $350,000 to Costa Rica Community Now Under Fraud Investigation

A Canadian woman says she sold everything she owned and lost about $350,000 to a religious community in the southern area of Pérez Zeledón,...

Thousands March as Costa Rica Lawmakers Cut 8 Billion Colones From Public Universities

Thousands of students, university staff, union members and social activists marched through San José yesterday against cuts to public university funding. Late that night,...

Costa Rica Unveils New ₡100 Coin Celebrating Limón Calypso

Costa Rica is paying tribute to one of its most distinctive musical traditions with a new ₡100 coin celebrating Limón calypso, a genre deeply...

Costa Rica Wildlife Survey Reveals 60 New Species Records in Urban Heredia

A wildlife survey in one of Costa Rica's busiest urban areas has added 60 new species records to a local inventory, showing that birds,...

Puerto Rico’s Yannik Álvarez Makes History at 2026 Junior Tennis Finals

Puerto Rican tennis player Yannik Álvarez has made history by becoming the first player from the island to qualify for the ITF World Tennis...

Costa Rica University Protests Move Forward After Lawmakers Approve New Budget Cuts

Costa Rica's public universities are moving ahead with a major demonstration in San José today after lawmakers approved a controversial reduction in university funding...

Costa Rica Begins Rebuild of the Airport Serving Quepos/Manuel Antonio

Work began on a $13.4 million upgrade of the Quepos airport near Manuel Antonio, adding room for nine small aircraft now and a new passenger terminal by 2028.

Costa Rica Banks Rank Second Only to Argentina for Dollar Risk, Moody’s Says

Costa Rica's banking system is among the most exposed in Latin America to a sudden squeeze on dollar funding, second only to Argentina, according...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel