Weekly Report - 01 November 2012 (WR-12-43)

The approval by Guatemala’s 158-member unicameral legislature last week of the state budget for Q$66.98bn (US$8.41bn) has aroused suspicion on various levels. With fiscal experts questioning technical aspects such as tax-take projections, the budget’s swift approval, well ahead of the 30 November constitutional deadline, has left opposition and civil society groups decrying behind-the-scenes negotiations.

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