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María Castro named Guatemala Finance Minister

Friday, October 18, 2013

Guatemalan President Otto Perez Molina named Maria Concepcion Castro interim Finance Minister for Central America’s biggest economy after former minister Pavel Centeno resigned, citing health concerns.

Castro had served as deputy minister for financial administration since Perez Molina’s government took office in January 2012.

Centeno, who oversaw a $700 million bond sale in February, had offered his resignation in March last year, just weeks after taking office, when he accused the opposition of subjecting him to “political manipulation.”

Source: Bloomberg