Government and municipal entities can leverage location intelligence to optimize strategic planning, improve the quality of public services and optimize their budgets.
What type of solutions does location intelligence provide to governments
By incorporating location intelligence into urban planning, it becomes possible to develop infrastructure adapted to the needs of citizens, enhancing living conditions in any given city. In addition, spatial data helps to optimize costs and prioritize government administration projects.
What does location intelligence provide to urban planning?
Analytics through big data management techniques allows governments to understand the needs of their citizens, combat fraud, minimize system errors and improve operations, reducing costs and improving the services of any government entity.
Foot traffic analytics through geospatial data and Big Data enables governments and public sector organizations to deliver more efficient and secure services, as well as respond more quickly and accurately to the needs of customers and citizens.
Regarding the figure for the end of the first half of 2018, up to June of this year the external debt of the public sector of Honduras increased by $163 million.
From the Central Bank of Honduras report:
At the end of the first semester of 2019, total external debt (public and private) registered a balance of US$9,035.1 million, higher by US$16.2 million compared to December 2018.
With regard to the figure for the end of the third month of 2018, up to March of this year the external debt of the public sector of Honduras increased by $151 million.
The balance of Honduras' total external debt stood at $9,008.7 million at the end of March 2019, $10.2 million less than that of December 2018, a result of a favorable exchange variation that reduced the balance by $12.9 million and net utilization of $2.7 million (disbursements received by $365.4 million, partially offset by capital payments of $362.7 million), explains a report by the Central Bank of Honduras (BCH).
Compared to the 2018 year-end figure, Honduras' public sector external debt was reduced by $23 million up to February this year.
The ratio of public external debt to gross domestic product (GDP) was 29.8%, 1% lower than at the end of 2018 (30.8%), thus indicating the sustainability of public external debt in the medium and long term, since it remains below the prudential limit recommended by the World Bank, informed the Central Bank of Honduras.
"Public debt in terms of simple average for the Central American region will continue growing, reaching 43.1% of GDP in 2018, after having registered 42.5% in 2017."
The Central American Institute of Fiscal Studies (Icefi) estimates that for the current year the size of public expenditure of the Central Government in relation to the respective Gross Domestic Product of each country will be 21.4% in Costa Rica, 20.4% in El Salvador, 20% in Honduras, 18.4% in Nicaragua, 17.6% in Panama and 12.1% in Guatemala.
Like lemmings running towards a cliff, Costa Rica repeats the kind of actions that underscore the definition of a society incapable of stopping on the road to a terminal crisis.
Citizens are less than two months away from going to a ballotage to elect a new government without having discussed the country's priority issues, even though some of them require urgent attention and a deep national discussion in order to find a solution.
While state officials are happy to delegate their responsibilities to the UN Office for Project Services, the Comptroller of Guatemala has declared that its services are "detrimental to the interests of the state".
EDITORIAL
The arrival in Central America of the UN Office for Project Services (UNOPS) was hailed by many as a factor that would allow the execution of public works which are very difficult or impossible for state institutions in the region to run, for various reasons ranging from lack of qualified personnel to simple negligence.
An official report reveals that Costa Rican government officials get sick five times more than those in the private sector.
EDITORIAL
Data from the Central Evaluation Commission on Disabilities of the Costa Rican Social Security Department (CCSS) indicate that during 2014 the average number of days that each civil servant was incapacitated by illness was five times higher than the average number of days each private sector worker was absent from their duties due to illness.
Accepting personal responsibility for your own and your family's progress is a direct result of the knowledge of the fundamentals of economics and finance.
In order to manage the personal wealth in an adequate way and to properly assess the economic policies governments apply, it is essential to have an economic and financial education since primary school.
Private sector urges the need for a national agreement to restrict state spending and fight corruption and tax evasion.
Eduardo Facussé, president of the Honduran Council of Private Enterprise (Cohep) states that the incoming government should convene a fiscal pact involving not only civil society but all sectors in the country.
"The pact should include restrictions on public spending, reducing corruption to the lowest levels, punishing criminals who erode the public purse, and punishing those who do not pay taxes," said Facussé to Latribuna.hn.
The technical redefinitions that make up a successful tax reform should be based on a reformulation of the social contract which establishes national goals.
Nacion.com reports that "According to Augusto de la Torre, Chief Economist at the World Bank, the fiscal debate is more than just an economic debate, it is almost a philosophical debate about the kind of state we want to have."
In various departments state officials are owed wages, and at the same time there is increasing pressure from others to be granted increases in their salaries.
Among the sectors that have been affected are employees in the Health department, the Honduran Telecommunications Company (Hondutel), the Public Ministry and the National Police.
For example, the Ministry of Health owes $3.5 million to 672 doctors on contracts nationwide, most have not been paid since January. Another nearly $5 million is owed to nurses and assistants in back wages and some shifts.