The Attorney General has denounced the existence of barriers that prevent white-collar crime and in particular corruption within the state from being pursued effectively.
The authorization from a judge for a case of public documents to be opened as part of an investigation, and the adoption of appeals even when the law states that they are not appropriate, are some of the legal obstacles that delay the processing of cases of white collar crime.
If Central America does not strengthen the institutions that ensure a stable legal framework and full respect for contracts, foreign investment will not come and national investment will go to other countries, no matter how many incentives and tax exemptions are offered.
The report "Economic Results At Close of 2013 and Prospects for 2014 " indicates that macroeconomic stability is threatened by rising public debt in relation to GDP.
In order to reverse the trend of economic stagnation reflected by the indicators analyzed, the Chamber proposes adopting measures such as the award of Puerto La Union, improving the investment climate, reforming the Law of Public-Private Partnerships (key to securing approval of the disbursement of funds from the second round of FOMILENIO), the adoption of the Law on Legal Stability of Investments and approval of a competitiveness agenda focused on reducing the costs incurred for operating in the country, among other things.
The Cabinet Council approved incorporating activities by companies with multinational company licenses into the benefits provided by Act 54 of 1998, known as stability for the legal status of investments.
The Salvadoran Foundation for Economic and Social Development, Fusades, has released a report entitled "Legal and Institutional Situation, II Semester of 2012."
Legal and Institutional Situation Report II half of 2012
The report presents an analysis of the most significant situations for the period, through the ongoing and systematic monitoring of developments affecting the Salvadoran legal system. This new edition includes the following considerations:
Political instability is making both domestic and foreign investors very nervous.
An article in Laprensa.hn looks at how recent political developments related to legal certainty, are worrying Honduran businessmen, as they complicate the promotion of the country as a recipient of foreign investment.
Legal security of certain investments may be in doubt if arguments put forward by the Legislature regarding decision-making powers of award of state property thrive.
Citing as a justification the text of Article 140, paragraph 19 of the Constitution of Costa Rica, the President of the Legislative Branch, Juan Carlos Mendoza, has expressed his conviction that it is the Legislative Assembly which is responsible for approving the concession award for a container terminal at the port of Moin.
The Salvadoran Foundation for Economic and Social Development, Fusades, has presented a report entitled "Legal and Institutional Situation" for the second half of 2011.
The Department of Legal Studies, DEL, this morning released the Report of Legal and Institutional Situation of the second half of 2011, by which the legal and institutional activity in the country is systematically tracked. The report aims to contribute to the national discussion with new inputs to make public policies better, improving the business climate and strengthening democratic institutions.
The legislative initiative for judicial tax stability for investment and work attempts to attract investment and generate employment.
Rose M. Bolaños, in an article inPrensalibre.com, writes: "With these contracts, the state will guarantee that if the laws or legal norms are modified in the taxation environment, such as tax impositions (internal or customs) as well as perquisites or other identified contract measures, investors will have the right to continue applying the existing laws that were in force at the moment of the signing of the contract."
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