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Economy / Guatemala


June 2012 | Ratings Update

Otto Perez Molina has introduced a series of amendments to Guatemala's constitution, due to be presented to congress by July 2. The changes include a reduction in the size of Guatemala's legislature from 158 members to 140, measures expanding the military's purview and amendments to strengthening the judiciary. Many smaller parties have complained that the suggestion to reduce the legislature's size will weaken their presence in the political process. That said, as we have previously highlighted, the current fragmented political system allows for smaller parties to successfully deploy obstructionist tactics, making it hard to push through substantive reform, meaning the reforms could improve the policy-making process.

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