The Ortega-Murillo economic model: expelling Nicaraguans and living off their remittances
The dictatorship is sustained by the work of Nicaraguans abroad, who flee the lack of economic opportunities and authoritarianism. Family remittances project an increase of US$5,000 million in 2023. It is a model that keeps the economy afloat, but does not generate wealth.
TL;DR
- The dictatorship's survival depends on Nicaraguans working abroad.
- Nicaraguans are emigrating due to lack of economic opportunities and authoritarianism.
- Family remittances are projected to increase to US$5,000 million in 2023.
- This economic model sustains the country but does not generate wealth.