Nicaragua: 2017/2021 Investment PlanTuesday, October 4, 2016 A value of more than $5 billion has been given to the investment projects that the Ortega administration intends to carry out through public, private and investment partnership deals. Among the projects proposed by the Nicaraguan government and open to funding proposals are: Tender for Street Lighting ServicesMonday, September 22, 2014 The municipality of Ilopango in El Salvador wishes to grant in concession Street Lighting Services for the entire system and modernization of infrastructure. Government Purchase El Salvador LP-AMILOP-05-2014: El Salvador’s Debt Keeps IncreasingTuesday, September 4, 2012 "When a government has to borrow money to pay salaries, pensions, gasoline, food, gas subsidies and foreign debt, it is because it is now in a grave situation." The sluggish display by the Salvadoran economy will not be able to endure the increase in government current expenditure for long. Advantages of Being a Productive State OfficialFriday, October 26, 2012 In the Costa Rican National Development Corporation, there are 130 expendable personnel whose salaries are greater than $2,300 a month. An article in Nacion.com quotes Wlliam Barrantes, the chief executive of the National Production Council (CNP), who manages the National Liquor Factory (Fanal), and runs the Institutional Supply Program (IAP), which sells food to ministries such as Justice (prisons), Security (police) and the Social Security Department (hospitals). The Nail on the Head: Public Sector SalariesThursday, September 18, 2014 It has been pointed out that the solution to the financial debacle of the State of Costa Rica unavoidably involves rethinking the system of incentives and salaries of public officials. Crhoy.com reports that "... economists and former ministers have said it's good that a containment of public expenditure be made, but if the current government and MPs really want to solve the budget deficit they must not stick only to the administrative unti but must also delve into the issue of public sector salaries." Meritocracy: Absent in Latin AmericaWednesday, April 29, 2015 "Civil service careers are influenced by arbitrariness, politicization, patronage, the search for private profit and patronage criteria and with posts being filling up with public servants who do not have the sufficient merits to perform their functions." From a statement issued by the Salvadoran Foundation for Development (FUSADES), regarding the report The Civil Service and Patronage: Panama: Prison Construction Tender for $4.9 millionTuesday, August 2, 2011 The Ministry of Government has put out to tender the construction of a mounting platform and mobile prison modules in ‘La Chorrera’ public jail. The work includes the supply and installation of mobile prison modules design and the construction of the platform assembly. The contractor will have 90 days to complete the work. Nicaragua: 2012 Budget at $1,900 millionFriday, September 2, 2011 The budget for next year represents an increase of 16% compared to this year. The figures were released by the Deputy Minister of Finance and Public Credit, Ivan Acosta. Guatemala: Public Projects With Private InvestmentWednesday, April 14, 2010 The Guatemalan Congress passed a bill that allows private capital, both domestic and foreign, in public infrastructure projects. With the bill, public infrastructure projects may be executed using private investment, with the State paying back investors in installments. Guatemalan Congress Approves $363 Million Bond IssueFriday, August 7, 2009 The legislature approved issuing 3 billion Quetzals in debt ($363 million) in Treasury Bonds. In addition to endorsing issuing new bonds, the modifications to the Budget Law included dispositions forbidding the transference of funds to entities not specifically listed in the decree. Panama: $ 10 Million for SewerMonday, February 21, 2011 MOP is coordinating construction of the second phase of the sewerage for the city of Aguadulce. The project, valued at more than $ 10 million, involves the Ministry of Public Works (MOP), the Institute of Aqueducts and Sewage Systems and the National Council for Sustainable Development. Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Guatemala: Strategy to Increase Investment UnveiledMonday, August 2, 2010 The plan will enable the state to invest more resources in infrastructure, security, human capital and innovation. The strategy presented by the Guatemala's "National Competitiveness Program" (Pronacom), suggests modifying the country's tax on income (ISR in Spanish) so that more individuals are eligible, as well as bring into force the so-called anti-evasion law (currently in congress). Public Registration Certificates Via InternetThursday, June 18, 2009 Users of the Public Registration System of Panama will be able to obtain an official certification from their home. "The agreement between the Department of Commerce and Industries and the Public Registrar means not only financial savings but also saving time for citizens," said the minister of Commerce and Industries, Gisela Álvarez de Porras. Public Works in 2019: $4 billion Investments ProjectedFriday, August 17, 2018 The Varela administration's budget for next year includes $4.032 billion for the City of Health and new polyclinics, Metro Lines 2 and 3, and construction of road works, such as the Santiago-David highway. The budget presented by the Ministry of Economy and Finance in Panama includes several items for public investment projects, which together amount to just over $4 billion, according to the institution's budget report. |
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