Task for new Guatemalan president

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He is in favour of the free market wherever possible, but wants to increase social spending on job creation, health and education.

His task is enormous. By many measurements, Guatemala is the poorest country in Spanish-speaking Latin America. Over half of Guatemala's 13-million-strong population lives on less than US$2 a day.

Analysts say he will be hard-pressed to find the public money to invest. He has announced a "fiscal pact", but there are huge historical obstacles to raising taxes. Guatemala has one of the lowest tax takes in the world. The country's rich businessmen and landowners argue they shouldn't hand over money to a corrupt state.
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