Arévalo reacts to Giammattei’s decision to sanction the 2024 budget

by time news

2023-12-15 20:58:00

Hours after the 2024 budget was published in the Official Gazette, the elected president Bernardo Arévalo reacted on social networks to establish a position on Alejandro Giammattei’s decision not to respond to the veto request.

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“The budget left by this government does not reflect the values ​​and needs of our country,” he wrote. He also announced that they will take legal measures to “have a budget that allows us to move forward as a country and that ensures that every penny will be used for the well-being of Guatemalans.”

What to highlight. Several sectors asked the Executive to veto, since the changes made by the Finance Commission “were intended for corruption” and to tie the hands of the new government.

One of the most criticized modifications is that now the issuance of bonds must be approved first by the deputies. This measure, they said, could put the country’s rating in international markets at risk. The new budget prohibits hiring media outlets that do not have national coverage, which allegedly benefits groups that support the politicians in power.


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