The new Government's economic program has introduced several options for attracting local and foreign investment in the country. These options include an economic legislative agenda in the Republic's Congress, entailing numerous discussions on law initiatives that will be presented by various entities and chambers in the country's economic sector, including the government's Ministry of Economy and the National Program for Competitiveness (Programa Nacional de Competitividad – PRONACOM-) . These law initiatives will approach matters such as competition laws, productivity and employment growth and most importantly, investment incentives, all of which will be ultimately seeking the creation of employment. The above-mentioned measures are considered as a step forward for Guatemala's economic growth and will have the potential to generate such growth in the long term.
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