[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109155-en":3,"doc-seo-109155-105":31,"detail-sidebar-cat-0-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},109155,549758146520,"Patrick","https://ap-avatar.wpscdn.com/avatar/80002397d8c0411e94?_k=1775819394049821470",8,"Research & Report","Guatemala Public Finance Review - June 2024 - Macroeconomics, Trade and Investment","Guatemala Public Finance Review (June 2024) examines the macroeconomic context shaping fiscal outcomes and assesses key components of Guatemala’s public finances. It analyzes revenue dynamics through literature review, drivers of tax revenue, and benchmarking of tax policy, tax administration, and tax structure. It reviews public financial management, including performance-based budgeting and climate commitments in the budget, and outlines fiscal risk concepts, implications, country-specific risks, and recommendations for strengthening risk management.","Public Disclosure Authorized Public Disclosure Authorized  \n1  \nJune,2024  \nGuatemala  \nPublic Finance Review  \nMacroeconomics, Trade and Investment  \n© 2024 The World Bank  \n1818 H Street NW, Washington DC 20433  \nTelephone: 202-473-1000; [Internet: ](Internet: www.worldbank.org)[www.worldbank.org](Internet: www.worldbank.org)  \n[Some rights reserved.](Some rights reserved.)  \nThis work is a product of The World Bank. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent.  \nThe World Bank does not guarantee the accuracy, completeness, or currency of the data included in this work and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect to the use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, links/footnotes and other information shown in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. The citation of works authored by others does not mean the World Bank endorses the views expressed by those authors or the content of their works.  \nNothing herein shall consƟtute or be construed or considered to be a limitaƟon upon or waiver of the privileges and immuniƟes of The World Bank, all of which are specifically reserved.  \nRights and Permissions  \nThe material in this work is subject to copyright. Because The World Bank encourages dissemination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given.  \nAƩribuƟon—Please cite the work as follows: “World Bank. 2024. Guatemala Public Finance Review. © World Bank.”  \nAny queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: [pubrights@worldbank.org](pubrights@worldbank.org).  \nGUATEMALA PUBLIC FINANCE REVIEW  \nP179444  \nContents  \nI. ExecuƟve Summary .............................................................................................................................. 9  \nII. IntroducƟon ........................................................................................................................................ 19  \nIII. Revenue .............................................................................................................................................. 22  \nA. Overview ........................................................................................................................................ 22  \nB. Literature Review ........................................................................................................................... 23  \nC. Drivers of Tax Revenue................................................................................................................... 24  \nD. Tax Revenue and Tax Policy Benchmarking.................................................................................... 25  \nE. Tax AdministraƟon Benchmarking ................................................................................................. 35  \nF. RecommendaƟons ......................................................................................................................... 36  \nIV. Public Financial Management ............................................................................................................ 41  \nA. Overview ........................................................................................................................................ 41  \nB. Performance-Based BudgeƟng ...................................................................................................... 43  \nC. Integr","cbCaiu1QQuSdgt4b","https://ap.wps.com/l/cbCaiu1QQuSdgt4b","pdf",3221327,5,1,83,"English","en",105,"# Executive Summary\n# Introduction\n# Revenue\n## Overview\n## Literature Review\n## Drivers of Tax Revenue\n## Tax Revenue and Tax Policy Benchmarking\n## Tax Administration Benchmarking\n## Recommendations\n# Public Financial Management\n## Overview\n## Performance-Based Budgeting\n## Integrating Climate Commitments into the Budget\n# Fiscal Risks\n## What are Fiscal Risks?\n## Implications for Fiscal Policy\n## Fiscal Risks in Guatemala\n## Recommendations for Strengthening the Management of Fiscal Risks\n# References","[{\"question\":\"What topics are covered in the Guatemala Public Finance Review (June 2024)?\",\"answer\":\"The report covers revenue analysis, public financial management, and fiscal risks, including benchmarking and country-specific recommendations.\"},{\"question\":\"How does the report assess Guatemala’s tax revenue performance?\",\"answer\":\"It reviews literature, identifies drivers of tax revenue, and applies benchmarking to both tax policy and tax administration.\"},{\"question\":\"What approach does the report discuss for public financial management and budgeting?\",\"answer\":\"It addresses performance-based budgeting and the integration of climate commitments into the budgeting process.\"}]","Guatemala Public Finance Review - 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