Guatemala : Fiscal Transparency Evaluation

Guatemala has transparency practices that achieve the ratings of basic, good, and advanced as regards three-quarters of the principles established in the IMF’s FTC. The wealth of information available and the systems in place related to the public sector’s execution of its budget, finances, and accounts allow for easy access by the population to an impressive volume of fiscal data. Also noteworthy is the prudent way in which the budgets are compiled and executed, which has facilitated the maintenance of fiscal stability.