Guatemala:Ex-Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement : Ex-Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement

Owing to the deteriorating economy of Guatemala, authorities requested a Stand-By Arrangement (SBA) with access of SDR 630.6 million in April 2009, which aimed at safeguarding macroeconomic and financial stability and anchoring investor confidence. Executive Directors have agreed that the SBA is successful in mitigating the financial crisis. Directors have appreciated the authorities’ commitment in implementing policies focused on short-term macroeconomic and financial stability on time, and also have urged to look into some important vulnerabilities that would have strengthened the fiscal framework.
Publication date: October 2011
ISBN: 9781463921903
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Money and Monetary Policy , International - Economics , Public Policy , ISCR , CR , investor confidence , external shock , executive board assessment , crowding out , central bank , executive board discussion , post evaluation , financing strategy , supportive monetary policy , crowding-out of credit , Global financial crisis of 20

Summary