The National Development Plan of K'atun projects that in 2032 79% of the population will live in urban areas, and identifies the areas with the greatest potential for investment.
Currently 58% of Guatemala's population reside in urban areas, the National Institute of Statistics expects that in 2032 that percentage will rise to 79%, which allows a future map of national wealth to be charted.
Warnings are being issued of a possible rise in the cost of credit if the government finances its spending with bonds issued in the local market.
Elperiodico.com.gt reports: "If Congress authorizes for the next fiscal period the issuance of $1.282 billion in bonds to finance public spending, as the executive branch plans, credit to the private sector could be affected ... ".
For every $100 that migrants send to their families between $30 and $35 are in some way related to banking services.
Prensalibre.com reports: "If you take into account that from January to September this year family remittances, according to the Bank of Guatemala, totaled $3.801 billion, the amount that passed through banks was between $1.1403 billion and $1.3303 billion" .
"Weak public institutions in Guatemala and a polarized political environment continue to limit its credit quality" - Standard & Poor's
An article in elperiodico.com.gt reports that "The three most important credit rating agencies internationally: Moody's, Standard & Poors and Fitch Ratings, have pointed to deficient management in Guatemala's social indicators."
In the first 5 months of 2012 the export of raw tobacco from Guatemala reached only 6% of the $50 million made from in exports during 2011.
According to Carlos Martinez, an analyst at the Institute of National Problems at the University of San Carlos (Ipnusac), this is partly due to a contraction of demand resulting from the global crisis.
Experts foresee increased interest rates, exchange rate variations, liquidity issues, domestic credit shortages and more inflation.
Investors would be drawn to the superior interest rates paid by government securities, taking money out of the market and into the State Treasury, limiting the capacity of banks to lend to private companies.
Key economic indicators show less economic deterioration than other countries of the region.
An article in Prensa Libre published comments by two Guatemalan economists, Mario Cuevas and Carlos González Arévalo. The former is president of the Center for Economic Investigations (CIEN), while the latter represents the Association for Social Studies and Investigations.
Businessmen and analysts are requesting for the State's Expenditure Budget to be lower in 2010 than it was in 2008.
Jorge Lavarreda, director of the National Center for Economic Investigations, known as CIEN, considers that "the government should aim for a fiscal deficit lower than 1% of the Gross Domestic Product".
After two months showing a downward trend, remittances in March totaled $344.1 million, up 22% over the same period in 2008.
The first three months of this year showed a decrease of 5.9% in comparison to an increase of 9.8% during the same quarter last year relative to 2007.
Sigloxxi.com published statements by Lisardo Bolaños, analyst of the National Center for Economic Research (CIEN) and Marcelo Coj, of the Association for Research and Social Studies (ASIES): "They indicated that a 22% increase for March is not a sign of recovery. So far, the US economy has shown no signs that it will come out of the financial crisis this year, so the flow of remittances is still uncertain."
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