Paraguay: 2013 Article IV Consultation-Staff Report; Press Release
IMF Staff Country Reports, February 21, 2014
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- Canonical URL
- Paraguay: 2013 Article IV Consultation-Staff Report; Press Release
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Bibliographic details
- Published: February 21, 2014
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475519006.002
Macro outlook (2014–18)
- Outlook described as "favorable, with broadly balanced risks."
- Growth expected to return to potential of about 4.5 percent a year by 2016.
- Inflation expected to be "in line with the central bank’s target rate."
- Small fiscal and current account deficits projected.
Main challenge and structural priorities
- Main challenge: improve social and economic development while strengthening the macroeconomic policy framework to cement strong fundamentals.
- Key subject areas highlighted: Bank deposits, Banking, Expenditure, Fiscal policy, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM), Public investment and public-private partnerships (PPP), Revenue administration.
Policy stance and recommendations
- Near term: policy stance should be tightened.
- Medium term: policies should be guided by fiscal responsibility and incipient inflation-targeting frameworks.
- Emphasis on strengthening macroeconomic policy framework consistent with favorable outlook despite less buoyant external conditions.
Key identifiers and publication facts
- Publication date: February 21, 2014
- Pages: 77
- Volume: 2014
- Issue: 060
- Series: Country Report No. 2014/060
- DOI: https://doi.org/10.5089/9781475519006.002
- Stock No: 1PRYEA2014001
- ISBN: 9781475519006
- ISSN: 1934-7685
International Monetary Fund. Paraguay: 2013 Article IV Consultation-Staff Report; Press Release (IMF Staff Country Reports 2014, 060).
Content in this bundle
- _cr1460 — Impact of External and Domestic Shocks on Paraguay’s Non-Agricultural Sector
- Cr1460s