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Thursday 24 January 2008

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Nicaragua Government Wants Budget Approval
Panama and Chile to Start Free Trade
Guatemala Teachers, Government Crash
Ecuador Eyes Complot
Venezuela Questions U.S. Anti-Drug Agency's Professionalism


Nicaragua Government Wants Budget Approval
The Nicaraguan government urged the National Assembly Wednesday to approve the 1.5 billion dollar budget for 2008, despite right-wing attempts to introduce modifications of the bill.

The assembly, which met today to deliberate on several laws, must approve funds before February 25, or Nicaragua will lose the economic program signed with the International Monetary Fund, indicated Treasury Department Minister Alberto Guevara.

Deputy Francisco Aguirre, chairman of the National Assembly's Production, Economy and Budget Committee, announced the arrival of an IMF group for February 25.

The approval of the 2008 budget is an IMF condition for the program.

Nevertheless, deputies of opponent Nicaraguan ALN (Liberal Alliance) do not agree with the government proposal and insist that funds assigned to "Zero Hunger" go instead to mayoralties, and demand transparency in the use of oil business funds.
 

 

 

 

 
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