Guatemala's Macro Economic Prospects, 2017–2021

Expected GDP Growth of 3.1% to 3.3% between 2017 and 2021

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This study highlights Guatemala’s macroeconomic prospects by exploring the country’s political outlook, GDP outlook, monetary policy outlook, fiscal outlook, as well as a newly formed Customs Union with Honduras.The country is facing its second political crisis in two years owing to corruption relation charges against President Jimmy Morales and ensuing events. Corruption appears to be a key challenge to doing business in Guatemala, with the Guatemala securing the fourth lowest score in the Latin American and Caribbean region as per 2016 Corruption Perception Index scores.The ongoing political crisis is anticipated to be a key restraint to gross domestic product (GDP) growth in 2017, with stagnant growth ex

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Guatemala's Macro Economic Prospects, 2017–2021Guatemala's Macro Economic ProspectsGrowth Insight

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