Guatemala : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guatemala /

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Bibliographic Details
Imprint:	[Place of publication not identified] International Monetary Fund, 2018.
Description:	1 online resource
Language:	English
Subject:	Economic history. Guatemala -- Economic conditions. Guatemala.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/13513314

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. Western Hemisphere Department.
ISBN:	9781484360101 1484360109
Notes:	Title from content provider.
Summary:	This 2018 Article IV Consultation highlights that a sound monetary policy management in Guatemala has helped keep inflation expectations firmly anchored. Fiscal deficits have remained at decade lows on the back of low debt tolerance and inadequate budgetary execution. Terms of trade gains and an upsurge in remittances inflows moved the current account into a sizable surplus. The financial system is sound and well-regulated while vulnerabilities seem manageable. Growth performance nevertheless falls shorts of the rates needed to achieve Guatemala's aspirations to meaningfully lift the living standards of its citizens. Near-term growth prospects remain subdued, at 3.2 percent in 2018 and 3.6 percent in 2019.

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