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Guatemalan legislators approve $6.8 billion budget with 2.7 percent deficit

Thursday, December 2, 2010


Guatemala’s parliament passed a $6.8 billion national budget for 2011 after a long debate.
 
At the insistence of opposition legislators, next year’s budget will forbid the government to switch funds among ministries. It also includes cost-cutting.
 
The budget forecasts a fiscal deficit of 2.7 to 2.8 percent.
 
Original source (in Spanish): Efe