European Parliament Library

Guatemala :, Fourth Review Under the Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guatemala

The natural disasters that hit the country recently caused human losses and had a negative impact on the economy; however, they did not deviate the economic recovery path. Currently, growth in exports and imports is accelerating, remittances are recovering, and international reserves are well above end-2009 levels. The authorities have recently adopted regulations on liquidity and foreign currency credit risk management and have made further progress toward full provisioning of nonperforming loans. Finally, the IMF-supported program has also contributed to the achievement of their economic program goals
Table Of Contents
Cover; CONTENTS; I. Developments Since the Third Review; Figures; 1. Recent Economic Developments; 2. External Sector Developments; II. Policy Discussions; A. Macroeconomic Outlook and Risks; B. Fiscal Policy; Box; 1. Avoiding New Domestic Arrears; C. Monetary, Exchange Rate and Financial Sector Policies; III. Fund Relations; IV. Staff Appraisal; Tables; 1. Selected Economic and Social Indicators; 2. Summary Balance of Payments; 3A. Public Sector Balance; 3B. Public Sector Balance; 4. Monetary Sector Survey; 5. Financial Soundness Indicators; 6. Indicators of External Vulnerability
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (28 p.)
Specific Material Designation
Form Of Item

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