The agile execution of economic stimulus programs, the considerable increase in public debt and the need to accelerate the process of economic reactivation are the lights, shadows and challenges identified a year after Alejandro Giammattei took office as president of Guatemala.
For Fitch Ratings, the results of the General Elections in Guatemala put at risk the approval of reforms necessary for the development of the country, since the next legislature will be composed of deputies from 15 different political parties.
The deputies to the Congress of the Republic who were elected for the 2020-2023 period and who will take office on January 14, 2020, will have the challenge of directing efforts from the legislative in the area of economic development.
Next June 16, Guatemalans will have to elect the new government that will assume in January 2020, which will have the challenge of implementing the policies needed to respond immediately to the most urgent demand of the population: the employment generation.
The country's electoral process has been surrounded by uncertainty, since four of the presidential candidates were decided in the courts.