Guatemalan industries prepare plan to revive the economy

The Chamber of Industries presented its proposal yesterday for reviving the economy, which seeks to preserve jobs and sources of employment.

Wednesday, November 26, 2008

The main pillars of the proposal are: credit access, advocate for a decrease in the main rate of the monetary policy in order to make credit cheaper; to strengthen national production, combat contraband trade as a State policy in order to prevent illegal competition with the local industry and to prevent the loss of jobs and physical resources; to ratify Convention 175 of the International Work Organization in order to allow the hiring of season workers; and to approve the Law of public private participate and for the Government to execute the national budget more effectively.

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