Guatemalan industries prepare plan to revive the economy
The Chamber of Industries presented its proposal yesterday for reviving the economy, which seeks to preserve jobs and sources of employment.
Wednesday, November 26, 2008
The main pillars of the proposal are: credit access, advocate for a decrease in the main rate of the monetary policy in order to make credit cheaper; to strengthen national production, combat contraband trade as a State policy in order to prevent illegal competition with the local industry and to prevent the loss of jobs and physical resources; to ratify Convention 175 of the International Work Organization in order to allow the hiring of season workers; and to approve the Law of public private participate and for the Government to execute the national budget more effectively.
The Chamber of Industrial Companies presented a 6-point plan to the government which includes a draft resolution.
CACIF listed its priorities: security and justice, economic recovery based on a Competitiveness Agenda, and a Social Agenda.
The State will have to intervene rationally in the economy in order to strengthen the internal market and adopt new social protection measures.
"The global financial crisis has cause the main investment bank in the US to go bankrupt and will produce an strong impact on the Honduras' weak economy.
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