Nicaraguan government allocates 722 million córdobas to state-run university replacing confiscated UCA

The Nicaraguan government has spent approximately 721.8 million córdobas over four years to fund the Universidad Nacional Casimiro Sotelo Montenegro, which was established on the campus of the Jesuit-run Universidad Centroamericana (UCA) following its 2023 confiscation. This expenditure highlights the ongoing fiscal burden of maintaining state-controlled institutions following the seizure of private assets from religious and academic organizations.