Managua have meters. By custom, many Nicaraguans and tourists alike agree on a fare before embarking on the vehicle. There are no railroads that operate in Managua or in Nicaragua. The country's railroads fell into disrepair during the 1980s. The Chamorro government closed the system and sold the cars and rails for scrap. However, the planned FERISTSA system would most likely bypass the capital and give Nicaragua its first-ever international railway. The President of Nicaragua, Daniel Ortega, was presented with a plan to revitalize the city center. The project included the possibility of building a monorail that would cross over the
American Capital of Culture the OAS's countries). It has three major objectives: The initiative was devised and is promoted by the American Capital of Culture Organization, a body set up in 1997, with the objective of promoting the American Capital of Culture and other, complementary cultural initiatives, which help to use culture as a key element in the development of the countries of the Americas. Any territory of the countries of the American continent that wish to develop the objectives of the American Capital of Culture may apply to be chosen as American Capital of Culture. "Territory" is deemed to be any physical area