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[SITUATION] · [ACTIVE] · [POLITICS]
2 clusters · 8 sources · 10 days · First seen · Last updated
Guatemala 2027 fiscal budget planning
Overview
The government of President Bernardo Arévalo has submitted a proposed 2027 budget to the Guatemalan Congress totaling Q192,045.1 million. This represents a 13.8% increase over the current budget and is expected to be the largest in the country’s history.
A significant portion of the proposed funds is earmarked for debt service and Treasury obligations, which are projected to rise by 15.1% and 20.1% respectively. The executive branch aims for 4.0% economic growth through investments in modernization, housing, and infrastructure, though the Ministry of Communications is slated for only a 0.3% increase.
In the context of the 2027 election year, Guatemala’s Departmental Development Councils (Codedes) are projected to manage over GTQ 18 billion, combining new proposed allocations with unspent resources from the current budget. While the government maintains these funds are essential for water, sanitation, and health projects, members of Congress have questioned whether the councils can effectively convert these large allocations into completed public works.
Entities
Congress of Guatemala · Bernardo Arévalo · Conadur · Codedes · Ministry of Finance
Timeline
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3 days ago
[POLITICS] 2 sourcesCodedes to manage over GTQ 18 billion in Guatemala's 2027 election yearGuatemala's Codedes councils face a projected budget exceeding GTQ 18 billion in 2027, amid concerns over low current execution rates.
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12 days ago
[POLITICS] 6 sourcesGuatemala proposes record Q192 billion budget for 2027Guatemala's government has proposed a record Q192 billion budget for 2027, with a significant portion of the increase allocated to debt service and Treasury obligations rather than infrastructure.
Sources
cronicasfueguinas.com · elclarinete.com.mx · lahora.gt · lasnoticiasdelvalle.com · periodicodeibiza.es · perspectiva.gt · prensa-latina.cu · toyota.es