In a country dominated by authoritarianism and poor economic prospects, the population can only cover half a basket of basic goods, according to a report by Hagamos Democracia

In a country dominated by authoritarianism and poor economic prospects, the population can only cover half a basket of basic goods, according to a report by Hagamos Democracia

…

Despite the propaganda put out by the regime led by Daniel Ortega and his wife, the “co-president” Rosario Murillo, 86.8% of Nicaraguans insist that they cannot afford the cost of a basket of basic goods. The data comes from a report entitled Perception of the Political, Social and Economic Reality of Nicaragua, carried out by Hagamos Democracia (Let’s Make Democracy). The independent report, based on 200 surveys, adds that 87.3% of those surveyed stated that their income does not allow them to cover all their monthly and daily expenses. Only 12.7% said that it did.

For a family of four to feed itself in Nicaragua, it needs to spend 14,414 córdobas ($394) a month in groceries alone. This means that not even two minimum state worker wages can buy basic food items for a family. And there’s still the cost of household expenses on top, such as rent, gas, transportation, water, electricity, soap, detergent, toothpaste and clothing.

  • @CaptainSpacemanEnglish
    22•2 months ago

    Despite the propaganda put out by the regime led by Daniel Ortega and his wife, the “co-president” Rosario Murillo, 86.8% of Nicaraguans insist that they cannot afford the cost of a basket of basic goods.

    This is a global trend rn. Governments insist everything is great, but citizens cant afford what they need. Credit card debt is skyrocketing and now so are defaults.

    The economic bubble is here, when it pops youre gonna see some serious shit.