Guatemala Seen Getting IMF Help

Guatemala Seen Getting IMF Help

Central America

Guatemala is considering negotiating an IMF stand-by arrangement, according to JPMorgan, which cites the fund’s Central America representative Alfred Schipke. “An official IMF delegation is scheduled to travel to Guatemala City later this month to formalize the offer, which is already under consideration by the central bank,” says JPMorgan. “Given that Guatemala is facing no immediate balance of payment issues, the stand-by agreement would be treated as precautionary, part of an overal

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