Paraguay : Selected Issues

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

May 11, 2016

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper focuses on the reform options for Paraguay’s fiscal responsibilities law as well as credit growth and banking system vulnerabilities. During the first year of Paraguay’s fiscal responsibility law, implementation has proven challenging, and a debate has emerged over whether its current design is excessively rigid. There are also important reputational costs to amending the framework. Paraguay has experienced rapid credit growth over the past decade. Reflecting these considerations, this chapter analyzes banks’ health and potential risks in Paraguay. Paraguay’s credit markets, as well as the rest of its financial system, are dominated by commercial banks.

Series:

Country Report No. 16/117

Subject:

Notes:

Also Available in Spanish

English

Publication Date:

May 11, 2016

ISBN/ISSN:

9781475528503/1934-7685

Stock No:

1PRYEA2016002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

52

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