Guatemala: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guatemala
IMF Staff Country Reports, June 11, 2021
Source details
- Canonical URL
- Guatemala: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guatemala
Other formats
Bibliographic details
- Published: June 11, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513573205.002
Summary and context
- 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.
- 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.
Key findings
- Health outcomes: infections and deaths described as "moderate" during the pandemic.
- Economic resilience drivers:
- Early reopening of the economy.
- Unprecedented policy support.
- Resilient remittances and exports.
- Social impacts:
- Poverty has deteriorated following COVID-19 and two major hurricanes last November.
- Malnutrition has deteriorated following COVID-19 and two major hurricanes last November.
Subjects and keywords
- Subjects: Balance of payments, COVID-19, Economic and financial statistics, Environment, Government finance statistics, Health, International organization, Monetary policy, National accounts, Natural disasters, Remittances
- Keywords: Central America, COVID-19, disaster risk policy, expectations stable, family remittance, Global, Government finance statistics, Natural disasters, public debt level, remittance inflow, Remittances
Content in this bundle
- 1gtmea2021001