El Salvador: $3.654 Million in 2010 Budget

The Legislative Assembly passed the General Budget for 2010: $3.645 million.

Monday, November 9, 2009

This edition is marginally higher than the budget for 2009, which stood at $3.627 million.

"The opposition party warned that social expenditure was reduced by $17 million, and that the Executive plans a Tax reform to collect $250 million", reported EFE.

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El Salvador: 2012 Budget is $4,400 million

September 2011

The National General Budget for 2012 will be close to $4,400 million, similar to that of 2011.

Finance Minister Carlos Caceres said the figure is practically the same as that of 2011, with the difference that the 2012 budget does not include payments for Eurobonds, which in 2011 meant $650 million.

Nicaragua: 2011 Budget is $ 1.6 Billion

December 2010

The budget approved by the National Assembly is 10.8% higher than the current one.

The projected budget deficit for 2011 is $ 268.2 million which will be covered with grants and loans.

"The 2011 budget was prepared on a 3% forecast for growth of the Nicaraguan economy, inflation at 6.7 percent, a slide currency slide against the dollar of 5 percent and an average price of a oil barrel at $ 78.8 oil," Efe reported.

Costa Rican Government Budget Up 17%

November 2010

The $ 10.8 billion budget approved on first debate by the National Assembly represents a nominal increase of 17% compared to 2010.

The proposed budget must be approved by the National Assembly by November 30th, as required by the Constitution.

"The spending plan will be funded 55% by current income and 44.6% with domestic placement of debt securities," wrote El Financiero on their website.

Honduras Budget 2010: $6.3 Billion

September 2009

The budget approved by the Minister Cabinet includes 47% in health and education.

Gabriela Núñez, Finance Minister, stated that the new budget represents a 5.9% increase over last year.

"Nuñez explained that the 2010 budget will be financed with tax collection and funds from state enterprises, like the telephone and port companies", published Laprensahn.com.