Paraguay: Staff Report for the 2001 Article IV Consultation

June 15, 2001

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Paraguay: Staff Report for the 2001 Article IV Consultation, (USA: International Monetary Fund, 2001) accessed September 19, 2024

Summary

Adverse terms-of-trade developments and an unfavorable external environment have contributed to Paraguay's lackluster economic performance. Executive Directors observed the fiscal slippages, weaknesses in national accounts calculations, the statistical coverage of public enterprise operations and external tariffs, and stressed the need to tighten monetary and fiscal stances, and accelerate structural reforms. They welcomed the new strategy under the staff-monitored program, the improvement in the balance of payments, money, the central government's finances, and the country's progress toward meeting the General Data Dissemination Standard.

Subject: Banking, Economic sectors, External debt, Financial institutions, Loans, Public debt, Public sector, State-owned banks

Keywords: Adjustable peg, Banco Nacional de Fomento, Bank, Bank earnings, Bank portfolio, Banks willingness, Cash flow, Company, CR, Deficit, ISCR, Loans, NPL loan, Paraguay, Public enterprise operation, Public expenditure overrun, Public sector, Public sector deficit, State-owned banks

Publication Details

Pages:

56
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/087
Stock No:

1PRYEA0012001
ISBN:

9781451832372
ISSN:

1934-7685

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