Paraguay : First Review Under the Stand-By Arrangement: Staff Report; Staff Supplement; and Press Release on the Executive Board Consideration

Author/Editor:

International Monetary Fund

Publication Date:

June 5, 2008

Electronic Access:

Free Full Text (PDF file size is 798 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Improvements in macroeconomic conditions are encouraging, and the current macroeconomic framework for 2006 and 2007 remains valid in Paraguay. The strong fiscal performance has applied also to the rest of the public sector. The authorities have submitted a budget proposal for 2007 that preserves fiscal discipline. Monetary policy will continue to be geared toward achieving the inflation target of 7 percent in 2006. Monetary policies will aim at a further reduction of inflation for 2007. Despite the recent strengthening of the balance of payments, external vulnerabilities remain.

Series:

Country Report No. 08/177

Subject:

English

Publication Date:

June 5, 2008

ISBN/ISSN:

9781451832525/1934-7685

Stock No:

1PRYEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

51

Please address any questions about this title to publications@imf.org