Guatemala: Request for Stand-By Arrangement

International Monetary Fund

No 2002/080, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper examines Guatemala’s Request for a Stand-By Arrangement (SBA). The authorities are requesting a 12-month SBA in an amount equivalent to SDR 84 million (40 percent of quota) to support an economic program aimed at reducing the fiscal deficit and restructuring the financial system, while sustaining higher outlays on social and basic infrastructure as called for by the Peace Accords. The program assumes an acceleration of real GDP growth to 2.25 percent and a reduction in inflation to a 4–6 percent range.

Keywords: ISCR; CR; enforcement measure; central government revenue; staff appraisal; government; central government position; tax ratio; government of Guatemala; Public sector; Commercial banks; Central America (search for similar items in EconPapers)
Pages: 88
Date: 2002-04-12
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