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Guatemalas Government fight for transparency and against corruption.

Guatemalas Government fight for transparency and against corruption.

Guatemala. It is a very long and difficult fight and it will need the support and cooperation of all political parties, the private sector and civil society sectors.

The first steps the Government has taken on the 19th of August 2008, was to institute The Vice- Ministry of Transparency in the Ministry of Public Finance. The second step is the creation of the Commission for Transparency.

The Commission for Transparency is headed by Vice-President Rafael Espada and represents government and civil society sectors. This Commission will be conformed by Álvaro Mayorga and Armando Boesch, representatives of the Private -Industrial Sector, (CACIF), Comité Coordinador de Asociaciones Agrícolas, Comerciales, Industriales y Financieras.

Last Updated ( Wednesday, 20 August 2008 12:33 )

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IBD supported Program by the Ministry of Public Finance to improve fiscal management

Guatemala. IBD supported Program by the Ministry of Public Finance to improve fiscal management Guatemala will receive a US$400 million loan from the Inter-American Development Bank to support a program to improve its fiscal management.

The IDB’s strategy consists in helping the Guatemalan government promote sustainable economic development and fight poverty. The new program will support a stable macroeconomic policy and will improve tax administration and collection to improve equality. The loan will also improve the income tax system, including international taxation. This initiative will also target the quality and transparency of government spending by implementing a system to control budget expenditures via transfers.

Last Updated ( Wednesday, 20 August 2008 12:33 )

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Pelicans by Ignacio de Wit

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