IMF Staff Country Reports

Guatemala: 2009 Article IV Consultation and Second Review Under the Stand-By Arrangement, and Requests for Modification of Performance Criterion and Consultation Clause—Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guatemala

February 12, 2010

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Guatemala: 2009 Article IV Consultation and Second Review Under the Stand-By Arrangement, and Requests for Modification of Performance Criterion and Consultation Clause—Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guatemala, (USA: International Monetary Fund, 2010) accessed December 27, 2024

Summary

The staff report on Guatemala’s 2009 Article IV Consultation and Second Review under the Stand-By Arrangement, and Requests for Modification of Performance Criterion and Consultation Clause are presented. There are signs that the Guatemalan economy is starting to recover. Real GDP growth and inflation are picking up, imports have begun to grow, and net private capital flows have stabilized. Real GDP growth is likely to remain low and inflation subdued. Over the medium term, economic growth is expected to be weaker than prior to the global crisis, and inflation to stabilize at trading partners’ levels.

Subject: Banking, Economic sectors, Exchange rate flexibility, External debt, Foreign exchange, Inflation, Prices, Public debt, Public sector

Keywords: Clause, Consultation, Consultation clause, Counter-cyclical monetary policy, CR, Exchange rate flexibility, Expenditure execution, Global, Inflation, Inflation expectation, ISCR, Monetary policies stance, Monetary policy, Public sector

Publication Details

  • Pages:

    59

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/036

  • Stock No:

    1GTMEA2010001

  • ISBN:

    9781451816693

  • ISSN:

    1934-7685

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