Poverty in Central American cities
Centralization, lack of resources, poorly defined competitions, are some of the most serious problems faced by cities in Central America.
Friday, November 28, 2008
Despite being the main actor when it is time to provide the communities with the goods and services that they need, no country in the area stands out in giving local governments the tools they need to carry out their duties, according to the "Comparative Study on municipal finances for local development in Central America and the Dominican Republic."
The Ministry of Finance has submitted the National General Budget for fiscal year 2014, which considers a 2.3% fiscal deficit.
A $40.5 million loan will prevent deterioration of fiscal situation due to the global recession.
23% of the approved budget for 2016 will go to the Public Investment Program, which includes infrastructure projects such as hospitals, roads and rural electrification.
The $ 10.8 billion budget approved on first debate by the National Assembly represents a nominal increase of 17% compared to 2010.
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