This web page provides information in on the activities of the office, views of the IMF staff, and the relations between Paraguay and the IMF. Additional information can be found on Paraguay and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Paraguay.

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At a Glance

  • Current IMF membership: 189 countries
  • Paraguay joined the Fund in December 28, 1945; Article VIII
  • Total Quotas: SDR 99.90 Million
  • Loans outstanding: None
  • Last Article IV Consultation: 2014 Article IV staff report was discussed by the Executive Board on February 12, 2015, (Country Report No. 15/37, February 20, 2015)

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IMF’s Work on Paraguay

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Regional Economic Outlook

Cover: Regional Economic Outlook Update - Western Hemisphere Department; October 2017

Western Hemisphere

Latin America and the Caribbean: Stuck in Low Gear
October 2017

After disappointing growth over the past few years, economic activity in Latin America remains on track to recover gradually in 2017–18 as the global economy gathers steam and recessions in a few countries in the region come to an end. Long-term growth, however, remains weak, hampering income convergence toward advanced economy levels. Fiscal space to support demand is limited, particularly for commodity exporters. But monetary policy can play a supportive role because inflation has been moderating rapidly. More importantly, this is the time to urgently press ahead with much-needed structural reforms to ensure sustainable and inclusive growth. Priorities include closing infrastructure gaps, investing in human capital, encouraging female labor force participation, reducing labor market informality, enhancing governance and curbing corruption, and furthering trade and financial integration.

Read the report