$16 million advertising budget for Guatemalan Executive Branch

The Executive Branch has been assigned $16.7 million for advertising in 2009, and the figure could reach $24 million.

Friday, February 6, 2009

According to a note published on prensalibre.com, in 2008 around $10 million was utilized.

"Rosa Maria de Frade, a lawmaker from the Guatemala Party and ex-secretary of Social Communication for the Presidency, emphasized that the Government will have to establish priorities and measures to deal with the crisis.

'Social investment should be a priority, and I believe that Q137 million for a year exceeds any amount that was invested in the past'."

More on this topic

Guatemalan Congress Approves $363 Million Bond Issue

August 2009

The legislature approved issuing 3 billion Quetzals in debt ($363 million) in Treasury Bonds.

In addition to endorsing issuing new bonds, the modifications to the Budget Law included dispositions forbidding the transference of funds to entities not specifically listed in the decree.

Guatemala: Approval of 2009 Budget urgently needed

November 2008

The Guatemalan Congress needs to urgently approved the 2009 budget starting today.

The budget for $6.5 billion (Q49.7 billion), according to opposition lawmakers, includes $13 million (Q104 million) for Government publicity, assigned to 33 NGOs, including $1 million (Q8 million) for one created only last week, and for the strengthening of Cohesion Social, which has been difficult to supervise.

Guatemala: $75 Million Less for Public Budget

April 2009

The Ministry of Health had $46 million deducted and FONAPAZ $28 million that were earmarked for the construction of neighborhood roads and bridges.

The reduction of $46 million from the Ministry of Health’s budget and other cuts to different entities are part of the budget cuts mandated by the Government of Guatemala.

Details of Guatemala $363 Million Bond Issue

August 2009

The Finance Ministry presented the issue plan to bankers and investors.

Starting September 1st, public auctions will be carried out in the Stock Exchange, in which state companies, banks and private investors will participate.

"Those intending to invest in this securities have two options: they can approach the Central Bank and purchase bonds by themselves, with a minimum of Q10.000 ($1.214), or they can go to a stock broker and invest a minimum of Q5.000 ($607). In both cases, the investment can increase in multiples of Q100 ($12)", reported Prensalibre.com.

 close (x)

Receive more news about Communication, Advertising & Marketing

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Organization that operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica.
Phone: (506) 2283 8891

Company Profile

Stock Indexes

(Oct 21)
Dow Jones
S&P 500


(Oct 21)
Brent Crude Oil
Coffee "C"