Guatemala: Uncertainty Weighs on Investments

Five out of ten Guatemalan entrepreneurs believe that the current legal landscape of the country "could have repercussions" for the business sector.

Wednesday, October 19, 2016

From a statement issued by the Coordinating Committee of Agricultural, Commercial, Industrial and Financial Associations, CACIF:

Industrial and financial sectors are forecasting the best results, while construction and tourism show lags in different variables that are analyzed in the diagnosis of Perception of Business Activities.

Claudia Galán, director of the Economic Unit the CACIF, presented the results of the Second Survey on Perception of Business Activities, which aims to gather together the findings of the directors of eight chambers in the CACIF, representing an equal number of productive sectors in the country.

According to the study, the sectors agreed that in terms of employment prospects are stable: 63% of the directors were optimistic on the subject. However, it also highlighted respondents concern about weak legal certainty and lack of a policy for economic growth, which could affect the national economy in the next six months.

Read full document (in spanish).

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