Guatemala

Download or read book Guatemala written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2019-06-18 with total page 67 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamentals remain strong and growth has revived after three years of subpar performance. Improved budgetary execution and monetary accommodation, broadly in line with past staff advice, are providing demand support as the economy navigates weaker terms of trade. Near-term growth is poised for a rebound on the back of fiscal impulse from the 2019 expansionary budget, exports recovery after last year’s slump, and construction-driven investment. Lack of progress on long-delayed business climate and public sector reforms, the Sustainable Development Goals (SDG) agenda, and financial inclusion, dampen medium-term prospects.