LatinNews Daily - 23 January 2023

In brief: Nicaragua announces public sector wage increase

*Nicaragua’s Vice President and First Lady Rosario Murillo has announced a 5% wage increase for public officials as of next month. She said that this was expected to cost the state C1.6bn (US$43.99m) and had been budgeted for in the country’s state budget. The latest figures from Nicaragua’s national institute of development information (Inide) show that inflation closed 2022 at 11.59%.

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