LatinNews Daily - 06 October 2025

*A Guatemalan delegation headed up by Finance Minister Jonathan Menkos has met a group of delegates from international credit ratings agency Moody’s as part of the process of evaluating the country’s credit profile. A social media post by the finance ministry highlights that Guatemala’s economy, the biggest in the sub-region, was expected to grow 4% in 2025. According to state news agency Agencia Guatemalteca de Noticias (AGN) as of 30 September over 63% of the state budget had been executed. It also underlines the importance of local departmental development councils (Codedes) which this year were assigned Q12.27bn (US$1.60bn) in the state budget, of which 34.6% had been executed. It said that 7,400 projects had been identified and financed, a significant increase on previous years when between 2,000 and 4,000 projects were financed. An International Monetary Fund (IMF) report released on 12 September, which hailed “prudent macroeconomic management” by the left-of-centre government led by President Bernardo Arévalo, expects Guatemala’s GDP growth to tick up to 3.8% in 2025, from 3.7% in 2024, and beyond that it is projected to slightly exceed 3.5%.

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