Guatemala: Tax Collection Contracts
In 2008, industrial and commercial sectors showed the greatest loss of growth.
Tuesday, February 24, 2009
Rosa Ma. Bolaños writes in PrensaLibre.com: "The sector with the most pronounced losses in growth was the commercial sector, which reported 0.45 percent growth in 2008, for a total collection of Q13 thousand 398.5 million ($ 1,667 million).
Trade, the financial system, the fishing industry, and the manufacturing industry were four of the main economic sectors
Industry, trade and agriculture, which together make up half the country's GDP, are showing signs of slow-down, which in turn will impact growth targets for 2011 and 2012.
The Association for Investigation and Social Studies (ASIES) carried out a moderate study of the local economy.
During the second quarter of 2013, consumer spending grew by just 3.03% compared to the same period last year.
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