Guatemala: Construction Permits Decrease by 20.5%
During the first quarter of the year, there were 2,077 licenses approved for construction, 20% less than the 2,552 licenses that were approved during the same period in 2009.
Thursday, May 21, 2009
There was a similar reduction in the amount of square meters approved for construction, which went from 330,851 square meters during the first quarter of 2008 to 264,164 during the first three months of 2009.
While officials from the IMF were announcing that Nicaragua is "among the countries at the point of going down because of high oil and food prices," the economy was feeling the consequences of another inflationary spiral, says Oliver Gómez in the Managua daily El Nuevo Diario.
The Minister of Public Works of Panama es convinced that to weather the crisis investment in infrastructure must be widened. Below he explains how he is doing that.
In Costa Rica, the agricultural sector absorbs workers unemployed by construction.
You don't need to be an economist to see that in Nicaragua things were better in the past, and if we don't change direction the country will fall over a precipice, says Fernando Centeno Chiong.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar