Campaign stalls investments

[NewsWhore]

Ignacio Mendez, the president of the Federation of Industrial Associations (FAI), says that because of the intense election campaign now under way, much of the pending investment in local projects is stalled due "to the uncertainty" surrounding the process. Mendez says that the politicking that goes on during the election campaign affects new investment initiatives, particularly increases in working capital. Mendez told the Hoy reporter Aleida Plasencia that during election time investments "scurry away" due to the uncertainties involved. He said, "We are waiting to see what happens."

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