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Caribbean & Central America - November 2016 (ISSN 1741-4458)

GUATEMALA: In search of FDI

Last month, Guatemala’s central bank (Banguat) released a report which showed a slight increase in direct foreign investment (FDI) in the first half of 2016 compared with the same period in 2015. The increase is welcome news for the Frente de Convergencia Nacional (FCN-Nación) government led by President Jimmy Morales after a drop in 2015, attributed in part to the various scandals involving the previous Partido Patriota (PP) government led by former president Otto Pérez Molina (2012-2015), who was forced to step down over corruption.

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