Providing support to enhance regulatory metrics in Nicaragua
ITU recently organized a workshop on the ICT Regulatory Tracker and the G5 Benchmark in Nicaragua as part of ongoing support provided to the Nicaraguan Institute of Telecommunications and Postal Services (TELCOR) in regulatory matters.
TELCOR aims to develop capabilities for regulatory improvement in 2024. As part of this goal, the ITU Telecommunication Development Bureau is conducting practical workshops to equip TELCOR with the knowledge and skills needed to strengthen its regulatory framework.
The ICT Regulatory Tracker is an evidence-based tool to help decision-makers and regulators make sense of the rapid evolution of ICT regulation. It facilitates benchmarking and the identification of trends in ICT legal and regulatory frameworks. The G5 Benchmark assesses the level of maturity of national policy, regulatory reform and collaborative governance to enable digital transformation across economies and societies and has become the gold standard for collaborative, cross-sector digital regulation. The G5 Benchmark features 70 indicators focused on policy and regulatory frameworks enabling digital transformation. According to their score, each of the 193 countries is associated with one of four levels of national policy and regulatory framework maturity, either leading, advanced, transitioning or limited. The ICT Regulatory Tracker is composed metric based on 50 indicators grouped into four clusters: regulatory authority, regulatory mandates, regulatory regime and competition framework for the ICT sector.
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