Managua other Central American neighbouring countries to show off their horses, skills, and horserider costumes. Another festival taking place since 2003 is the "Alegria por la Vida" (Happiness for Life) Carnaval is celebrated in Managua at the beginning of the month of March. There's a different slogan or theme every year. This event is celebrated with parades, floats, live music, food and dancing as well as the march of the Carnival Queen. The National Library holds a great amount of volumes and affords abundant bibliographic information about the discovery and independence of Nicaragua. The National Palace of Culture has an exhibition
Managua and its economy. To make matters worse, a series of natural disasters, including Hurricane Mitch in 1998, made economic recovery more difficult. After winning the presidential election in 1990, the National Opposition Union began the reconstruction of Managua began in earnest. More than 300,000 Nicaraguans returned from abroad bringing their expertise and needed capital. Businesses mushroomed, new housing projects and schools were constructed, the airport was expanded and modernized, streets were widened, older malls were repaired and new ones were built, and buildings were cleaned up. In 2006, after the Sandinista National Liberation Front came back into power, literacy, health