Guatemala to receive $400 million loan

Guatemala will get a loan from the IDB to improve tax collection, the multilateral organization indicated yesterday.

Wednesday, August 13, 2008


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These funds will be used to finance a program that will create a more stable macroeconomic policy and improve the administration and collection of taxes in Guatemala, the IDB explained.
The goal is to achieve greater equality in the taxes to be paid by citizens and business, and to improve the transparency in government spending.

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