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Guatemala :, Ex-Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement

Owing to the deteriorating economy of Guatemala, authorities requested a Stand-By Arrangement (SBA) with access of SDR 630.6 million in April 2009, which aimed at safeguarding macroeconomic and financial stability and anchoring investor confidence. Executive Directors have agreed that the SBA is successful in mitigating the financial crisis. Directors have appreciated the authorities’ commitment in implementing policies focused on short-term macroeconomic and financial stability on time, and also have urged to look into some important vulnerabilities that would have strengthened the fiscal framework
Table Of Contents
Cover Page; Title Page; Copyright Page; Contents; Boxes; Tables; Appendices; A. Assessment of the Program Design; 1. Estimates of Private External Debt; 2. Recent Revenue Initiatives; B. Exceptional Access Policy; 1. Guatemala: Selected Economic and Social Indicators; 2. Guatemala: Financial Soundness Indicators; 1. Gauging the Appropriateness of the Fiscal Stimulus; 2. Views of the Authorities; V. Conclusions; IV. Assessment of Program Performance and Policy Implementation; III. Program Design and Exceptional Access Policy; II. Overview of Developments Prior to the 2009 Program
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (69 p.)
Specific Material Designation
Form Of Item

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