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Presidential Favorites Say Low-Debt Guatemala Can Boost Deficits

Sandra Torres displays an inked finger after voting on Sunday.
Sandra Torres displays an inked finger after voting on Sunday.Photographer: James Rodriguez/Bloomberg

The two frontrunners in Guatemala’s Presidential election today both see space for the nation to take on more debt to tackle the poverty and violence that have driven millions to flee to the U.S.

Former first lady Sandra Torres said the country can run a bigger deficit to fund infrastructure investments that boost growth. Her main rival, former prison Director Alejandro Giammattei, also made the case for wider deficits on Sunday.