Increased borrowing costs, a disincentive to foreign investment and distrust of economic performance, are part of the expected scenario if public debt growth is not controlled.
Prensalibre.com reports that "... The draft budget for 2015 presented by the Ministry of Finance, amounting to $9.250 million (Q71 thousand 840.8 million), contemplates taking on new debt of about $2 billion (Q15 billion), of which $1.6 billion (Q12 thousand 334 million) came from bonds and loans. "
A joint report by the Central Bank of Guatemala confirms the outlook for economic growth of between 3.3% and 3.9% for 2014.
From a summary of a report by the Banguat entitled "Economic Situation and Prospects of the country":
The world economy is recovering and the pace of growth has rebounded, particularly in advanced economies, emerging economies have weakened but are still explaining the dynamism on global growth; although downside risks are still present.