Guatemala: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guatemala

Prudent macroeconomic management has supported a resilient economy, achieved low inflation, ample policy buffers and, for the last few years, a positive current account. Yet, more is needed to lift growth and reduce poverty. The political environment remains challenging as the standoff between the administration and the Attorney General has continued with no signs of easing, but a string of positive legislative surprises has raised near-term optimism. In a global environment marked by more restrictive trade and migration, policies will need to adapt to a new reality of changing trade patterns, lower remittances and lower net emigration.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Balance of payments, Central bank policy rate, Crime, Expenditure, Exports, External debt, Financial services, International trade, Public debt, Remittances, Revenue administration, Trade balance

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Budget planning and preparation, Central bank policy rate, Exports, Liquidity management, Remittances, Trade balance