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Chamber of Commerce Backs Presidential Veto to Decree 7-2025 that Would Benefit the Codedes
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The Guatemalan Chamber of Commerce (CCG) ruled after President Bernardo Arévalo vetoed Decree 7-2025, the Law on Financial Strengthening and Continuity of Projects of the Urban and Rural Development Councils (Codedes), approved by Congress on September 2. The CCG stated that it values the presidential decision, since the regulations contravened fundamental principles of the Constitution, including that of budgetary annuity, by allowing the autom…
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