Guatemala: Request for Stand-By Arrangement
April 12, 2002
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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.
Subject: Banking, Commercial banks, Economic sectors, Expenditure, External debt, Financial institutions, Financial sector, Public debt, Public sector
Keywords: Central America, central government position, central government revenue, Commercial banks, CR, enforcement measure, government, government of Guatemala, ISCR, Public sector, staff appraisal, tax ratio
Pages:
88
Volume:
2002
DOI:
Issue:
080
Series:
Country Report No. 2002/080
Stock No:
1GTMEA0012002
ISBN:
9781451816617
ISSN:
1934-7685
