No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsLatin AmericaNicaragua's Ortega sacks Central Bank president

Nicaragua’s Ortega sacks Central Bank president

Nicaraguan Central Bank President Alberto Guevara was fired Monday for reasons that haven’t yet been made public, an official source said.

Presidency spokeswoman and First Lady Rosario Murillo said Guevara would leave the Central Bank and fill a different governmental role, although she didn’t say which one. Murillo said the decision was made by President Daniel Ortega.

Ovidio Reyes, who served as a Central Bank manager, will replace Guevara, Murillo said.

Guevara took over as head of the bank in February 2012 following the removal of his predecessor, Antenor Rosales, amid rumors that he disagreed with the Ortega administration on economic policies.

Before serving as the bank’s president, Guevara had served as finance minister since 2007, when Ortega returned to office. He oversaw negotiations with the International Monetary Fund, which resulted in a positive rating for the country’s economy by that institution.

Trending Now

New York Times Spotlights Costa Rica’s Osa as Top 2026 Travel Pick

The Osa Peninsula has landed on The New York Times' annual list of 52 places to visit in 2026, ranking fourth overall. This recognition...

Beatriz Haddad Maia Carries Brazil’s Hopes into the Australian Open

Beatriz Haddad Maia comes to the Australian Open in January 2026 as Brazil’s clearest singles reference point and one of the few Latin American...

Costa Rica Watches U.S. Capture of Maduro as Regional Concerns Grow

The United States carried out airstrikes on Venezuelan military sites early this morning, leading to the capture of President Nicolás Maduro and his wife,...

JetBlue’s New Year Airfare Sale to Costa Rica

Those still looking for a getaway to Costa Rica now have a new reason from JetBlue Airways. The airline rolled out a promotion offering...

Visit Top Costa Rica Museums on Your Next Trip

Costa Rica’s best museum days do two things at once: they teach you what you’re seeing out in the country and they give you...

Guanacaste Leads Coastal Recovery in Costa Rica Real Estate

Costa Rica’s real estate market heads into 2026 with steady footing after recent adjustments in high-end coastal areas. Buyers and investors find a landscape...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica