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Guatemala has managed to keep infections and deaths moderate during the pandemic. The economic impact of COVID-19 has … following COVID-19 and the two major hurricanes battering Guatemala last November …
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Fundamentals remain strong and growth has revived after three years of subpar performance. Improved budgetary execution and monetary accommodation, broadly in line with past staff advice, are providing demand support as the economy navigates weaker terms of trade. Near-term growth is poised for...
Persistent link: https://www.econbiz.de/10012019719
This 2018 Article IV Consultation highlights that a sound monetary policy management in Guatemala has helped keep … nevertheless falls shorts of the rates needed to achieve Guatemala's aspirations to meaningfully lift the living standards of its …
Persistent link: https://www.econbiz.de/10011913075
This 2023 Article IV Consultation highlights that Guatemala's solid record of accomplishment of prudent macroeconomic … proven resilient to global financial tightening conditions and domestic interest rate hikes. Guatemala stays an economy with …
Persistent link: https://www.econbiz.de/10015059427
The remarkable resilience of the economy during the pandemic, driven by policy support, favorable credit conditions and a favorable external environment, has almost returned the level of GDP to its pre-pandemic projected trend. Reflecting the prevalence of domestic factors, headline inflation...
Persistent link: https://www.econbiz.de/10015060368
KEY ISSUES Context. Guatemala's economy has performed solidly since the 2008-09 crisis. Output has converged to … Guatemala's high government debt-to-revenue ratio. Debt stabilization requires moderate tightening of the budgetary stance over … bank. Further strengthening of the financial system is necessary. The 2014 FSAP update found that Guatemala has made …
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