Paraguay : Third Review Under the Stand-By Arrangement, Request for Extension of the Arrangement, and Request for Waivers of Performance Criteria

Author/Editor:

International Monetary Fund

Publication Date:

March 1, 2006

Electronic Access:

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Summary:

The staff paper for the Third Review Under the Stand-By Arrangement on Paraguay focuses on the macroeconomic framework and medium-term scenario, risks, and capacity to repay the IMF. There have been delays in implementing some structural measures, especially related to the approval of banking legislation, owing to a shift in the political environment and congressional delays. Macroeconomic performance has been better than envisaged under the program. The authorities have adopted a new strategy involving a two-stage approach that they believe is politically feasible to achieve but will require more time to implement.

Series:

Country Report No. 06/78

Subject:

English

Publication Date:

March 1, 2006

ISBN/ISSN:

9781451832471/1934-7685

Stock No:

1PRYEA2006004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

88

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