Guatemala: Delay in Economic Agenda

Guatemala's Congress has 44 laws pending in economic and financial matters, which are key for improvement of the economy.

Tuesday, July 21, 2009

Modifications to the Acquisitions Law and the state purchasing process, a new municipal tax code, rules for regulating insurance activity and a law proposal for mega projects are some of the laws pending approval.

From Prensa Libre's website: "The process for establishing priority projects will be carried out next Wednesday by the Economy Comission".

More on this topic

Law on Public-Private Partnerships in El Salvador

May 2013

The project aims to facilitate the arrival of foreign investment in the country, but it remains trapped in Congress.

"The law presented by the government is positive. Hopefully this is a good law, but in itself it is not enough. If conditions (such as uncertainty, bureaucracy, etc..) carry on being reinforced, then the law will not help "said Roberto Rubio, from Funde.

El Salvador: Investment Laws Stalled in Assembly

January 2013

Seven bills designed to encourage investment are still pending in the legislative committees of finance, treasury, and economy.

Laprensagrafica.com reports that "The Legislative Assembly is about to close the first Legislative month of 2013 without having approved any of the reform initiatives and new laws proposed by the President, Mauricio Funes, to encourage investment.

Guatemala: Rural Development Act Finds No Consensus

November 2012

The initiative includes the creation of a ministry to unite the policies, programs and projects on the development of agriculture which have become stalled in Congress.

"The leaders of the faction held a meeting prior to the start of the plenary session, without reaching a consensus to include the initiative on the agenda, however, it may be brought forward by a privileged motion", reports Prensalibre.com.

Transparency Laws sent to Guatemala’s Congress

March 2012

Otto Pérez's government is putting the finishing touches on seven legislative proposals that should be ready to be introduced this week.

The bills seek to strengthen the fight against corruption and make certain processes more transparent.

An original initiative is the proposed Trust Law, Enrichment and Public Expenditure Review, as reported on Elperiodico.com.gt.

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