While state officials are happy to delegate their responsibilities to the UN Office for Project Services, the Comptroller of Guatemala has declared that its services are "detrimental to the interests of the state".
The arrival in Central America of the UN Office for Project Services (UNOPS) was hailed by many as a factor that would allow the execution of public works which are very difficult or impossible for state institutions in the region to run, for various reasons ranging from lack of qualified personnel to simple negligence.
The project aims to facilitate the arrival of foreign investment in the country, but it remains trapped in Congress.
"The law presented by the government is positive. Hopefully this is a good law, but in itself it is not enough. If conditions (such as uncertainty, bureaucracy, etc..) carry on being reinforced, then the law will not help "said Roberto Rubio, from Funde.
The regulation establishing export incentives for "draw back" substitutes is still pending approval in El Salvador.
During the inauguration of the Third Meeting of Exporters, the Exporters Corporation of El Salvador (Coexport) called on the Government to establish the dates for the entry into force of the regulations on the Law for the Promotion of Production, which establishes new incentives.
Businesses from the National Development Foundation (Funde) indicate that, after two years of rule by Mauricio Funes, the country’s economy lacks clear direction.
With an eye on the threat of a new global recession, the government is being accused of failing to take advantage of the surge in tax revenues and remittances from abroad to do work "that will generate productivity, instead of the contrary, spending all its income on subsidies and salaries for public employees. "
Business will soon pay 38 percent more for electricity in El Salvador. The private sector is negotiating with the government over the stages in which the increase will be applied as the subsidy is gradually eliminated.
El Salvador President Antonio Saca says the difference between the real cost of energy and the amount the privat sector ccurrently pays has widened due to rising energy costs.
The nation's fiscal situation is one of the biggest problems the new governemt will face, according to an economic analysis done by Carlos Acevedo, an economist from the United Nations Development Program (UNDP); Roberto Rubio, executive director of the National Foundation for Development; and economist Alex Segovia.
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Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
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