Ortega estimates Venezuelan aid at USD 200 million
During a year and a half in office, Nicaraguan President Daniel
Ortega has executed economic and social development projects
exceeding USD 200 million that were not estimated in his country's
budget, and were rather funded by Venezuela.
On the occasion of Venezuelan President Hugo Chávez's
visit to Nicaragua to commemorate a new anniversary of the Sandinista
revolution, Ortega explained the investments made with these
funds. The Nicaraguan opposition claims that the money should
have been accounted for in the budget, to ensure proper management.
The Nicaraguan ruler said that out of the USD 200.5 million
spent so far, USD 40 million were invested in subsidies for
public transport in order to keep fares as low as possible.
Transportation rates have heightened significantly amidst
climbing oil prices.
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