Guatemalan legislators approve $6.8 billion budget with 2.7 percent deficit

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