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IMF Sees Shrinking Guatemala Deficit

Aug 18, 2009

The IMF expects Guatemala’s current account deficit to shrink to 1.6% of GDP in 2009 from 4.8% of GDP in 2008. The fund says the reduction comes as a...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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