Lydia, a machine operator in a free trade zone in Managua, received news of a wage increase from Daniel Ortega’s government, employers, and unions. While the raise seemed positive, it was not enough to cover the rising cost of living. Despite an increase in minimum wage to 8,746.46 córdobas ($239), Lydia, a single mother with two children, struggles to make ends meet with $221 a month.
A report by Hagamos Democracia reveals that 86.8% of Nicaraguans cannot afford basic groceries, even with two minimum wage incomes. Economic instability and rising food prices have led to a decrease in purchasing power. The mismatch between salaries and expenses has forced many Nicaraguans into precarious jobs and increased dependence on remittances.
With 61.4% of the population expressing a desire to migrate due to political persecution and economic hardships, the situation in Nicaragua remains dire. Families rely on external support to cover basic needs, highlighting the urgent need for economic reform and stability.
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