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Subject

Bukele successes.

Significance

Presdent Nayib Bukele this month announced the creation of a new anti-corruption body, backed by the Organization of American States (OAS). Just days earlier the president highlighted improvements in the country’s murder rates, which he linked to the implementation of his new security initiative.

Impacts

The CICIES may prompt donors such as the United States, which condition funding on anti-corruption progress, to release some aid.

The CICIES launch will compound anger in Guatemala, where the closure of the CICIG has proven deeply unpopular with the public.

Improved security may reap economic benefits, but only if investors believe the downward trend is established.

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