How Close Is Guatemala to Bankruptcy? The Fiscal Risk Few Dare to Foresee
For years, Guatemala has walked along the edge of public spending without anyone daring to precisely name the cliff looming ahead. Today, with a proposed budget ceiling of Q161 billion for 2026 — equivalent to 16% of GDP — the government projects a 3.2% deficit, implying additional borrowing of more than Q32 billion. The Monetary […]