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.

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Costa Rica: 2017 Budget up 12%

September 2016

"In Costa Rica civil servants earn the most out of all Latin American countries, which is disproportionate to the economic and fiscal reality of the country."

An increase in resources for debt repayment, education and pensions account for the 12% increase in the 2017 budget compared to the 2016 budget.

Guatemala: 2014 Budget for $8.8 billion  

September 2013

The Ministry of Finance has submitted the National General Budget for fiscal year 2014, which considers a 2.3% fiscal deficit.  

According to Pavel Centeno, the Guatemalan Minister of Finance, the plan was developed in accordance with lower growth prospects, with a fiscal deficit of about 2.3%.

Panama Approves Largest Budget in its History

October 2012

The National Assembly has approved a budget of $16.28 billion for fiscal year 2013.

The project, 12% higher than that of 2012, includes investments of $6.94 billion, $7.58 billion for operating expenses and $1.74 billion for servicing debt.

The budget was prepared under a scenario of economic growth of 8% and a fiscal deficit of 2.8%.

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.

ok