Supporters claim government reforms are better than proposals by the IMF and business sectors to raise the retirement age and duration of required contributions.
Three people were killed in Managua, Nicaragua , Thursday whenhundreds of protesters clashed with anti-riot police while state workers and Sandinista Youth demonstrated in support of new social security reforms . At least 33 people were also injured during the two consecutive days of protest, according to Nicaragua’s Red Cross.
The proposed reforms include a 0.75 percent increase in monthly contributions for workers, from 6.25 percent to 7 percent; a 3.5 percent increase in employer’s […]
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