{"id":4421,"date":"2024-02-19T19:24:58","date_gmt":"2024-02-19T19:24:58","guid":{"rendered":"https:\/\/latamreports.com\/es\/?p=4421"},"modified":"2024-02-20T18:38:04","modified_gmt":"2024-02-20T18:38:04","slug":"imf-mission-to-review-guatemalas-economic-performance","status":"publish","type":"post","link":"https:\/\/latamreports.com\/es\/imf-mission-to-review-guatemalas-economic-performance\/","title":{"rendered":"IMF mission to review Guatemala&#8217;s economic performance"},"content":{"rendered":"\n<p>The representative of the International Monetary Fund (IMF) for Guatemala, Maria Oliva Armengol, and a team of technicians, will meet with officials of the new government.<\/p>\n\n\n\n<p>The head of mission of the International Monetary Fund (IMF), Maria Oliva Armengol, will make an official visit to learn about the balance of the country&#8217;s main macroeconomic indicators, such as public debt and the business climate, as well as the political situation. among other topics.<\/p>\n\n\n\n<p>The team of technicians also has several meetings planned with the government authorities that took office last January and with representatives of the private sector, between February 26 and March 1.<\/p>\n\n\n\n<p>\u00c1lvaro Gonz\u00e1lez Ricci, president of the Bank of Guatemala (Banguat), confirmed that notification of the visit by the staff of the international organization was received, and clarified that this is a preview of the so-called review of Chapter IV, for which there is no exact date, but it could be between March and June.<\/p>\n\n\n\n<p>\u201cWe are going to have a good preamble about the opinion that they will have of the new government, since they come to verify figures and talk with various actors\u201d about national events, he pointed out.<\/p>\n\n\n\n<p>Every year, the IMF carries out the so-called Chapter IV review of Guatemala, which consists of verifying the performance of the main indicators of macroeconomic and fiscal policy and the national financial system.<\/p>\n\n\n\n<p>The president of the central bank pointed out that, in addition, representatives of country risk rating agencies and other international financial organizations are constantly attended to and recently, a group from Banco Santander visited Guatemala.<\/p>\n\n\n\n<p>Notes update<\/p>\n\n\n\n<p>The previous week, the rating agencies Moody&#8217;s Investors Service and Fitch Ratings confirmed the notes for Guatemala, this after the result of the political-economic cycle that Guatemala experienced in 2023.<\/p>\n\n\n\n<p>The rating agency Moody&#8217;s reported that the Ba1\/Stable rating for Guatemala is maintained and Fitch, that Guatemala&#8217;s long-term foreign currency issuer default rating (IDR) remains at \u201cBB\u201d with a stable outlook.<\/p>\n\n\n\n<p>Among Fitch&#8217;s considerations, this is supported by a history of macroeconomic stability and conservative fiscal policies that have resulted in low debt and solid external liquidity.<\/p>\n\n\n\n<p>\u201cThese strengths are balanced by a low income-to-GDP ratio that restricts fiscal flexibility, governance and human development indicators that compare unfavorably with those in the \u201cBB\u201d category, as well as political stagnation that limits the sovereign\u2019s ability to address these weaknesses,\u201d said the rating agency.<\/p>\n\n\n\n<p><strong><em>This article has been translated from the original which first appeared in <\/em><\/strong><a href=\"https:\/\/www.prensalibre.com\/economia\/una-mision-del-fmi-revisara-el-desempeno-economico-reciente-de-guatemala\/\"><strong><em>Prensa Libre<\/em><\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The representative of the International Monetary Fund (IMF) for Guatemala, Maria Oliva Armengol, and a team of technicians, will meet with officials of the new &#8230; <a title=\"IMF mission to review Guatemala&#8217;s economic performance\" class=\"read-more\" href=\"https:\/\/latamreports.com\/es\/imf-mission-to-review-guatemalas-economic-performance\/\" aria-label=\"Read more about IMF mission to review Guatemala&#8217;s economic performance\">Read more<\/a><\/p>\n","protected":false},"author":7,"featured_media":3073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[18],"class_list":["post-4421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politica","tag-guatemala","resize-featured-image"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF mission to review Guatemala&#039;s economic performance - LatAm Reports<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latamreports.com\/es\/imf-mission-to-review-guatemalas-economic-performance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF mission to review Guatemala&#039;s economic performance - LatAm Reports\" \/>\n<meta property=\"og:description\" content=\"The representative of the International Monetary Fund (IMF) for Guatemala, Maria Oliva Armengol, and a team of technicians, will meet with officials of the new ... 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