$782.4 million for infrastructure projects in Panamá

The "non-finance" investment make up a record 20% of the budget.

Wednesday, October 8, 2008

The "non-finance" public investment package contemplated in the State budget for the 2009 fiscal year adds up to $946 million.
A good portion of the investment budget has been earmarked for "infrastructure development": $782.4 million. This includes a planned reimbursement for the coastal strip of 190.4 million dollars. The present administration hope to finish this work before the end of the presidential term.

More on this topic

Guatemala Approves Budget of $8.52 billion

October 2012

The General Budget for Revenues and Expenditures for fiscal year 2013 has been approved by the Congress of Guatemala through an express approval.

The law provides for tax revenues of $6.42 billion, placement of treasury bonds for $689 million, external borrowing of $932 million and $463 million in non-tax revenues and grants.

Panama’s Budget Increases by 13%

July 2012

The president of Panama has presented the budget for fiscal year 2013, which is 12.6% more than 2012’s.

From a press release from the National Assembly of Panama:

The bill for the general government budget for 2013 amounts to the sum of $16.268 million, an increase of 12.6% compared to the budget for 2012.

Nicaragua: 2012 Budget at $1,900 million

September 2011

The budget for next year represents an increase of 16% compared to this year.

The figures were released by the Deputy Minister of Finance and Public Credit, Ivan Acosta.

The representative added that the government is receiving more income from taxes, "which corresponds with the behavior of productive activity, exports and investments", reported Laprensa.com.ni

Guatemala: Public Investment Projects Presented

July 2009

By July 30, the Secretary of Planning will list the projects to be included in the 2010 Budget.

One of them is the construction of the Northern Traversal Highway, known in Spanish as "Franja Transversal del Norte".

"The Infrastructure Investment program includes 4.303 projects, most of them in social investment, education, health care, security, and rural development", commented Viviana Lemus, sub secretary of Planning, in a Prensalibre.com article.

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