Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs

March 18, 2019

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Format: Chicago

. Esther Perez Ruiz, and Mauricio Soto. Attaining Selected Sustainable Development Goals in Guatemala: Spending, Provision, and Financing Needs, (USA: International Monetary Fund, 2019) accessed November 21, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

Raising living standards continues to be the main challenge facing Guatemala, as a matter of economic success and social cohesion. This paper discusses the spending, financing, and delivery capacity aspects of a viable development strategy for Guatemala couched within the United Nations Sustainable Development Goals (SDGs) agenda. Overall, Guatemala faces additional spending of about 8½ percent of GDP in 2030 to attain health, education, and roads, water, and sanitation infrastructure SDGs. While substantial, these cost estimates are commensurate with a well-defined financing strategy encompassing continuing tax administration efforts, broad-based tax reform, scaled-up private sector participation, and greater spending efficiency. Improving delivery capacities is also essential to secure access of those public goods to all Guatemalans, irrespective of their place of residence, ethnic group, or ability to pay.

Subject: Education, Expenditure, Health, Infrastructure, National accounts, Population and demographics, Public expenditure review

Keywords: Central America, Cost saving, Development, Development outcome, Education outcome, Fiscal Policy, Guatemala's development outcome, Guatemala's healthcare system, Health risk, Healthcare system, Infrastructure, Private sector, Provision level, Public expenditure review, Secondary education, Spending needs, Spending objective, Sustainable Development Goals, WP

Publication Details

Pages:

35
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2019/060
Stock No:

WPIEA2019060
ISBN:

9781484398005
ISSN:

1018-5941

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