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Fund approves management of Guatemalan economy

Wednesday, March 6, 2013

Guatemala's economy was graded as stable by the International Monetary Fund.

Even so, the country should work harder to improve its fiscal system, as it has among the lowest tax take in the world, said the deputy managing director of the Fulnd, Naoyuki Shinohara.

"This year, the Fund expects Guatemala to grow 3.2 percent, and inflation to be between 3 and 5 percent", said Shinohara.

Full story (in Spanish)