Guatemala: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guatemala

Download or read book Guatemala: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guatemala written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2021-06-11 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: Guatemala has managed to keep infections and deaths moderate during the pandemic. The economic impact of COVID-19 has been mild given an early reopening of the economy, unprecedented policy support, and resilient remittances and exports. However, despite large-scale government interventions to support households, poverty and malnutrition have deteriorated following COVID-19 and the two major hurricanes battering Guatemala last November.