Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs
IMF Working Papers, March 18, 2019
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- Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs
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Bibliographic details
- Authors: Esther Perez Ruiz, Mauricio Soto
- Published: March 18, 2019
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781484398005.001
Overview
- Raising living standards is identified as the main challenge facing Guatemala, framed as essential for economic success and social cohesion.
- The paper examines spending, financing, and delivery capacity aspects of a development strategy aligned with the United Nations Sustainable Development Goals (SDGs), focusing on health, education, and roads, water, and sanitation infrastructure.
Key findings and projected needs
- Guatemala faces additional spending of about 8½ percent of GDP in 2030 to attain health, education, and roads, water, and sanitation infrastructure SDGs.
- The estimated costs are described as substantial but commensurate with a well-defined financing strategy and improved delivery capacity to ensure equitable access irrespective of place of residence, ethnic group, or ability to pay.
Analysis of financing and provision
- Financing strategy elements highlighted:
- continuing tax administration efforts
- broad-based tax reform
- scaled-up private sector participation
- greater spending efficiency
- Emphasis that improving delivery capacities is essential to translate spending into secure access to public goods for all Guatemalans.
Policy recommendations and priorities
- Strengthen tax administration and implement broad-based tax reform to mobilize additional resources.
- Promote scaled-up private sector participation in infrastructure and service provision.
- Improve spending efficiency to maximize the impact of public resources.
- Enhance delivery capacities to ensure equitable access across geographic, ethnic, and income groups.
Scope and metadata
- Authors: Esther Perez Ruiz, Mauricio Soto
- Publication date: March 18, 2019
- Series: IMF Working Papers, Working Paper No. 2019/060
- Pages: 35
- DOI: https://doi.org/10.5089/9781484398005.001
Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs — Esther Perez Ruiz, Mauricio Soto; March 18, 2019.
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- Working Paper