IMF Offers Standby Loan to Guatemala

Guatemala may draw on a USD935 million standby loan with the International Monetary Fund if the need arises. The deal, according to the

, is part of a comprehensive preventive strategy aimed at bolstering the country's liquidity in the face of the worldwide economic downturn to boost investor confidence.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.