Guatemala: Technical Assistance Report-Fiscal Transparency Evaluation
IMF Staff Country Reports, August 4, 2023
Source details
- Canonical URL
- Guatemala: Technical Assistance Report-Fiscal Transparency Evaluation
Other formats
Bibliographic details
- Published: August 4, 2023
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400249396.002
Overview and scope
- Report provides an updated assessment of fiscal transparency practices in Guatemala, aligned with the Fiscal Transparency Code (FTC) established by the International Monetary Fund (IMF).
- [This report is only available in Spanish]
Historical baseline (2016 evaluation)
- 4 practices rated as advanced
- 4 practices rated as good
- 17 practices rated as basic
- 10 practices fell below the basic level
- The practice concerning public-private partnerships was not rated
Current evaluation — key findings
- The number of practices rated as basic or below has decreased to 17.
- Practices rated as good and advanced have increased to 19.
- Present composition of ratings:
- 7 practices at the advanced level
- 12 practices at the good level
- 11 practices at the basic level
- Does not meet the minimum requirements of the CTF in 6 practices
- Comparative position: Guatemala’s scores are similar to other Latin American countries and emerging market economies that have undergone the same evaluation.
Pillar performance
- Strongest areas:
- Pillar I, "Fiscal Reporting"
- Pillar III, "Fiscal Risks"
- Weaker area:
- Pillar II, "Fiscal Budgets and Forecasts" — scores are comparatively lower