{
  "title": "Paraguay: 2016 Article IV Consultation-Press Release; and Staff Report",
  "publication": "IMF Staff Country Reports, May 11, 2016",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/paraguay-2016-article-iv-consultation-press-release-and-staff-report-43892",
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  "summary": "This paper discusses the recent economic developments of Paraguay. Against the backdrop of a regional slowdown, Paraguay’s economy remains relatively resilient. The economy experienced some loss of momentum over the past year due to unfavorable external shocks.",
  "publishDate": "2016-05-11",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Recent economic developments",
      "content": "- Paraguay’s economy remains relatively resilient against a regional slowdown.\n- The economy experienced some loss of momentum over the past year due to unfavorable external shocks.\n- Macroeconomic policies remain accommodative in light of subdued inflation and slower growth."
    },
    {
      "heading": "Inflation and exchange rate",
      "content": "- Inflation pressures remain contained despite significant depreciation of the guaraní against the U.S. dollar.\n- Headline inflation is referenced as subdued in the assessment."
    },
    {
      "heading": "Banking, credit, and financial sector",
      "content": "- Recently, credit growth has moderated.\n- Credit quality has deteriorated.\n- Subject tags include: Banking, Credit, Money, National accounts, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM), Revenue administration."
    },
    {
      "heading": "Policy frameworks and recommendations",
      "content": "- To further strengthen fiscal, monetary, and financial sector policy frameworks, Paraguay outlines a structural reform agenda and measures.\n- The national development plan places emphasis on inclusive growth and poverty reduction.\n- Keywords indicating policy focus: accommodative monetary policy stance, balance of payments, central bank, Credit, credit growth, monetary policy, monetary policy transmission, PFM legal and regulatory frameworks, revenue administration.\n\n---\n\n Content in this bundle\n\n- cr16116\n  - cr16116 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr16116 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Cr16116s\n  - Cr16116s (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cr16116s (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/paraguay-2016-article-iv-consultation-press-release-and-staff-report-43892"
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    "Published: May 11, 2016",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484347508.002",
    "Paraguay’s economy remains relatively resilient against a regional slowdown.",
    "The economy experienced some loss of momentum over the past year due to unfavorable external shocks.",
    "Macroeconomic policies remain accommodative in light of subdued inflation and slower growth.",
    "Inflation pressures remain contained despite significant depreciation of the guaraní against the U.S. dollar.",
    "Headline inflation is referenced as subdued in the assessment.",
    "Recently, credit growth has moderated.",
    "Credit quality has deteriorated.",
    "Subject tags include: Banking, Credit, Money, National accounts, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM), Revenue administration.",
    "To further strengthen fiscal, monetary, and financial sector policy frameworks, Paraguay outlines a structural reform agenda and measures.",
    "The national development plan places emphasis on inclusive growth and poverty reduction.",
    "Keywords indicating policy focus: accommodative monetary policy stance, balance of payments, central bank, Credit, credit growth, monetary policy, monetary policy transmission, PFM legal and regulatory frameworks, revenue administration.",
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