EL SALVADOR – New Procurement Law March 2023

The new Public Procurement Law, which will enter into force in five days, establishes a new administrative contracting regime that; involves the use of information and communication technologies to manage…

NICARAGUA – New Rule on Purchase and Sale of Credit Assets

The Superintendency of Banks and Other Financial Institutions (“SIBOIF”) issued Resolution No. CD-SIBOIF-1360-1-FEB14-2023 "Rule on Purchases and Sales of Credit Assets" ("the Rule"), which was published in La Gaceta, Diario…

NICARAGUA – New Minimum Monthly Wage

The National Minimum Wage Commission announced through Act No. 1 CNSM-02/23/203 the entry into force as of March 1, 2023 of the new monthly minimum wages that will govern Nicaragua…

NICARAGUA – Renewable Energy Generation

Nicaragua is a country with significant renewable energy potential due to its geographic location and tropical climate. At CENTRAL LAW, we have developed a Guide to the Energy Sector in…

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