Paraguay: 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Paraguay

Publication Date:

June 11, 2009

Electronic Access:

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Summary:

This 2009 Article IV Consultation highlights that the Paraguayan economy performed very well over the past five years, with real GDP growth averaging about 5 percent a year—the best in a generation. The fiscal position strengthened considerably, thereby reducing public debt sharply to relatively low levels. The economy grew by nearly 6 percent in 2008, but growth decelerated in the last quarter of the year. Paraguay’s macroeconomic outlook has also been negatively affected by the deterioration in the global environment.

Series:

Country Report No. 2009/182

Subject:

English

Publication Date:

June 11, 2009

ISBN/ISSN:

9781451832570/1934-7685

Stock No:

1PRYEA2009001

Pages:

64

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