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Nicaragua's President Daniel Ortega is known for his anti-American rhetoric, but he's also known for his government's ability to create jobs.
That's why when the country's National Assembly approved the 2023 general budget on Wednesday, it was accompanied by this line: "The Government thus guarantees greater resources for roads, potable water, electric energy, and ports, in order to strengthen the economic and productive infrastructure of this Central American country."
The budget, which the country's finance minister said last month would "contribute in a stable, prudent macroeconomic framework to have better conditions to attract investments," is meant to create jobs and fight poverty, Prensa Latina reports.
Public investment in the country is expected to amount to more than $1 billion in 2023, the BBC reports. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Foundation: Gates Foundation
Bill and Melinda Gates are putting their money where their mouth is. The world's two biggest philanthropists have each donated $50 million to the Bill and Melinda Gates Foundation, CNN...more
Foundation: Gates Foundation
There's a new way of helping the world's poorest people, and it doesn't involve sending in satellites. Instead, the Bill and Melinda Gates Foundation is putting its money where its mouth is,...more
Foundation: MacArthur Foundation, Ford Foundation
"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more
Foundation: MacArthur Foundation, Ford Foundation
"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more
Foundation: MacArthur Foundation, Ford Foundation
"To meet the challenges of our time, foundations must deploy resources across the full spectrum of capital, including grants, catalytic capital, and endowment investments that align with mission and...more
"The basics of financial analysis often get interrupted when race or gender is present," says Daryn Dodson, CEO of Illumen Capital. That's why the Detroit-based fund-of-funds is closing its...more
"The basics of financial analysis often get interrupted when race or gender is present," says Daryn Dodson, CEO of Illumen Capital. That's why the Detroit-based fund-of-funds is closing its...more
Foundation: Helmsley Charitable Trust
"There is no shortage of early-stage innovators with bold ideas that could lead to better management of T1D or to prevention," Sean Sullivan, a program officer at the Helmsley Charitable Trust, says...more
If you own stock in CoreCivic, a company that runs America's largest privately run prisons, you may not be doing much for the environment or human rights. But if you own stock in CoreCivic, a...more
The chief minister of India's Punjab state, which boasts one of the highest per-capita rates of violent crime in the country, has announced plans to create a "film city" in his state, the BBC...more
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Social Entrepreneurship
Spotlight
Increasing the Diversity of Social Entrepreneurs in the U.S.
One of the most significant challenges to social entrepreneurship and innovation is ensuring a diversity of approaches and participants in the movement. To truly deliver meaningful social change the leaders of the effort must share perspectives of the challenges faced by communities across the U.S. that can most appropriately come from members of those communities. Ashoka, through its All America initiative seeks to increase the diversity of social entrepreneurship practitioners.
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