Guatemala: No Fiscal Reform in 2010

The government will not insist on the approval of tax reform this year due to the current fiscal defecit.

Thursday, July 29, 2010

Édgar Balselles, recently appointed Minister for Public Finances, announced the decision.

La Prensagrafica.com reports comments from the Minister: "We plan to have a well developed proposal with short, medium and long term measures ready for 2011".

The country has one of the lowest rates of tax collection in Latin America.

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