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.
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)
IMF’s Work on Paraguay
November 16, 2016
Author/Editor: Mr. Antonio David ; Natalija Novta
Series: Working Paper No. 16/226
October 7, 2016
October 7, 2016
PDF File Size: 460Kb
September 30, 2016
Author/Editor: Mr. Yan Carriere-Swallow ; Luis I. Jacome H. ; Mr. Nicolas E Magud ; Alejandro M. Werner
Series: Working Paper No. 16/197
June 1, 2016
Paraguay’s economy is expected to remain resilient this year and next, but it will be tested as commodity prices stay weak and Brazil’s economy remains in recession, the IMF said in its latest annual assessment of the economy.
Regional Economic Outlook
Latin America and the Caribbean: Are Chills Here to Stay?Octubre 2016
Economic activity in Latin America and the Caribbean is expected to bottom out in 2016, before making a modest recovery next year. While weak external demand and persistently low commodity prices continue to weigh on the regional outlook, domestic developments have been the key driver of growth outcomes in some stressed economies. GDP is expected to contract by 0.6 percent in 2016 before recovering to 1.6 percent growth in 2017. Recurrent growth disappointments point to lower potential growth, underscoring the need for structural reforms to boost productive capacity, but these will take time to bear fruit. Exchange rate flexibility has served the region well and, with shifting global trends, should continue to serve as the first line of defense against adverse shocks. In many cases, the need for a contractionary monetary policy stance is no longer evident, with inflation and inflation expectations returning to target levels. With risks still on the downside, countries should use the improved global financial environment to rebuild their fiscal buffers while preserving critical capital expenditures and social outlays. Uncertainty concerning the duration of easy global financial conditions poses risks for the region, while financial and corporate sector vulnerabilities bear closer monitoring.