Guatemala: 2017 Public Budget to Rise 13%

The amount of public investment to be made in 2017 has been estimated at $1.8 billion, equivalent to 19% of the total budget projected by the Executive Branch.

Friday, September 2, 2016

From a statement issued by the Ministry of Finance:

The Ministry of Finance (Minfin) has presented the project for the General Budget of Revenues and Expenditures for 2017, which amounts to Q79,830 million, which represents an increase of Q9,033.8 million compared to the amount approved in 2016.

For the first time as part of a commitment to transparency of the authorities of the Minfin, the financial requirements of government institutions, the Public Ministry, and the judiciary in the formulation stage were made public through the Open Budget forums, where in a public format, and with the accompanying research centers, analysts and civil society, the resources that merit priority in this budget were publicised.

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