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Guatemala: Request for Stand-By Arrangement

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  • 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.

Suggested Citation

  • International Monetary Fund, 2002. "Guatemala: Request for Stand-By Arrangement," IMF Staff Country Reports 2002/080, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2002/080
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