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Weekly Report - 19 January 2017 (WR-17-02)

NICARAGUA: Ortega begins another term

President Daniel Ortega assumed office for a third consecutive term last week following his convincing (72.5%) re-election in the November 2016 presidential contest (albeit in a highly-questionable electoral process) [WR-16-44]. With a recent poll suggesting that the public is willing to disregard democracy-related concerns if Ortega’s Frente Sandinista de Liberación Nacional (FSLN) government continues to perform well in sectors such as the economy and security, the optimistic outlook held by both the Nicaraguan central bank (BCN) and institutions such as the International Monetary Fund (IMF) augur well for Ortega’s new mandate.

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