Agriculture and Priorities for 2020

With the beginning of the new government in Guatemala, businessmen in the agricultural sector are optimistic and believe that the priorities of the new authorities should be to guarantee property rights and improve road infrastructure.

Wednesday, January 15, 2020

According to a survey conducted to measure the perceptions of the members of the Chamber of Agriculture (Camagro), economic revitalization is another issue that should prioritize the work agenda of the government of Alejandro Giammattei.

Carla Caballeros, Camagro's executive director, told Elperiodico.com.gt that "... the government should ensure that public institutions function to provide legal certainty, especially in areas of property law. In addition to strengthening the Public Prosecutor's Office to 'guarantee that no more than 160,000 ha are invaded as registered with the Secretariat of Agrarian Affairs."

Gentlemen added that "... A focus on road infrastructure should be applied in the rural roads plan for the benefit of small producers and that they may have lower costs to access markets."

The union is expecting that by 2019 the agricultural Gross Domestic Product (GDP) will close with a 2.7% increase and by 2020 the increase is expected to be 2.15%. The lower dynamism estimated for this year would be explained by the reduction in the volume of production in some sectors, such as coffee.

Do you need to keep track of the key economic indicators in Central America?

Request more information about our Regional Economic Monitor.








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423


More on this topic

What Challenges Will the New Government Face?

January 2020

Alejandro Giammattei, Guatemala's new president, is hosting a country with weak institutions, legal uncertainty and a business sector that is asking for a less "hostile" environment for new investments.

After winning the presidential elections in August 2019, Alejandro Giammattei took office on Jan.

Agricultural Sector: Opportunities and Challenges

January 2019

While declining international prices and smuggling are threatening factors for agricultural production in Guatemala, planned investments in infrastructure would help reduce the costs of the sector.

Estimates by the Bank of Guatemala (Banguat) detail that the agricultural Gross Domestic Product increased 2.6% in 2018, and by 2019 a 2.8% increase is expected.

Never-ending Struggle for Minimum Wage

January 2019

The determination of how much and how the minimum wage should be regulated, something that occasionally seems to be done in an arbitrary manner and for political purposes, continues to be one of the factors that most confront Central American businessmen and governments.

In Costa Rica, a 3% increase in the minimum wage was approved for 2019; in El Salvador, an increase is expected to be discussed, and in Guatemala, the commission in charge of the issue reported that no increases will be made this year.

Agriculture in Guatemala Cornered by Crime

December 2013

Guatemalan agricultural employers spend $300 million on private security representing between 12% and 16% of their budgets.

Prensalibre.com reports that "the Chamber of Agriculture (Camagro) reported that during 2013 there was an increase in criminal acts such as kidnappings, threats and extortions against their workers, as well as the theft and destruction of private property ... "

 close (x)

Receive more news about Agriculture & Food

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Mar 27)
Brent Crude Oil
28.25
Coffee "C"
116.75
Gold
1,644
Silver
14.625