Guatemala [electronic resource] : Ex Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2011.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 11/296.
IMF Staff Country Reports; Country Report No. 11/296
Government document
1 online resource (31 p.)
Local subjects:
Access policy. (search)
Balance of payments. (search)
Banking sector. (search)
Budgetary control. (search)
Central bank. (search)
Commercial debt. (search)
Conditionality. (search)
Current account. (search)
Current account adjustment. (search)
Current account balance. (search)
Current account deficit. (search)
Debt intolerance. (search)
Debt ratios. (search)
Debt sustainability. (search)
Debt sustainability analysis. (search)
Domestic financing. (search)
Economic indicators. (search)
Ex post assessments. (search)
Exceptional use of Fund resources. (search)
External debt. (search)
External financing. (search)
External liabilities. (search)
External resources. (search)
External shock. (search)
Financial soundness indicators. (search)
Fiscal affairs. (search)
Fiscal affairs department. (search)
Fiscal balance. (search)
Fiscal balances. (search)
Fiscal data. (search)
Fiscal deficit. (search)
Fiscal impulse. (search)
Fiscal indicators. (search)
Fiscal loosening. (search)
Fiscal management. (search)
Fiscal performance. (search)
Fiscal policies. (search)
Fiscal policy. (search)
Fiscal reforms. (search)
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Fiscal stance. (search)
Fiscal stimulus. (search)
Fiscal sustainability. (search)
Fiscal targets. (search)
Fiscal tightening. (search)
Flexible exchange rate policy. (search)
Governance. (search)
Increase in expenditures. (search)
Inflation targeting. (search)
Long-term fiscal sustainability. (search)
Low debt. (search)
Private external debt. (search)
Private sector debt. (search)
Prudent fiscal policies. (search)
Prudent fiscal policy. (search)
Public debt. (search)
Public expenditures. (search)
Public finances. (search)
Public sector debt. (search)
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Short-term debt. (search)
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Guatemala. (search)
Owing to the deteriorating economy of Guatemala, authorities requested a Stand-By Arrangement (SBA) with access of SDR 630.6 million in April 2009, which aimed at safeguarding macroeconomic and financial stability and anchoring investor confidence. Executive Directors have agreed that the SBA is successful in mitigating the financial crisis. Directors have appreciated the authorities’ commitment in implementing policies focused on short-term macroeconomic and financial stability on time, and also have urged to look into some important vulnerabilities that would have strengthened the fiscal framework.
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