The Guatemalan business association, Cacif, and the Guatemalan Banking Association support the Constitutional Court’s (CC) decision to suspend the appointment of Jonathan Menkos. Leaders from both organizations emphasized the importance of respecting the CC’s ruling. They simultaneously expressed concern regarding recent managerial changes and their potential impact. A key request from both associations is the preservation of stability and autonomy within the Bank of Guatemala (Banguat). They believe maintaining the independence of Banguat is crucial for the country’s economic health. This stance signals a cautious approach to any further alterations within the central bank’s leadership. Both groups are closely monitoring the situation in Guatemala.

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