Monday, December 7, 2009

Maltese With Ringworm

And who is hurt if you lower the Ancash mining royalties? CANON IN ANCASH

By: Richard Moreno Bustos
possible way of reinvestment of profits in Antamina. I.
Mining royalties in the Regional Government, Municipalities and Universities of Ancash, on average accounts for 97% of their budgets to make investments. So, any decline in these resources will jeopardize the possibilities for profiling, maintain and carry out public works.
ii. A few are more affected than others. Because some are dramatically more canon than most municipalities.
iii. The distribution of mining royalties Ancash causes it to focus only on some local governments, either because they are producing districts or because they have enough population. For example, in 2009 local governments that are perceived more canon: San Marcos (S /. 122 million), Santa (S/.42 million), Chavin de Huantar (S /. 34 million), Independence (S / . 33millones), Huari (S/.26 million), Nuevo Chimbote (S/.23 million), Huaraz (S /. 20 million).
iv. Between the governments "more benefits" we have those who are building their canon and which for many reasons "can not afford." V.
Of the 166 municipalities that have Ancash, 63% (102) receives less two million soles annually, to the point of many local governments exist whose transfer is 838 times less than what it perceives San Marcos (perceived Cajamarquilla 130 000 soles per year).
So in a scenario where the fee reduces what could be the future of the investments of the 102 local governments to pick up some money for canon? Who speaks for them at the negotiating table where you slide the possibility that Antamina deliver a "Pence Mining?
The authorities and political leaders in the region have the word ...

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