{
  "title": "Paraguay: Fourth Review Under the Stand-By Arrangement and Request for Reduction and Rephasing of Access: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay",
  "publication": "IMF Staff Country Reports, June 10, 2008",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/paraguay-fourth-review-under-the-stand-by-arrangement-and-request-for-reduction-and-22035",
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  "summary": "The recent tightening of credit conditions in segments of mature financial markets abroad has not had an impact on Paraguay.",
  "authors": [
    "Arrangement",
    "Request"
  ],
  "publishDate": "2008-06-10",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Macroeconomic performance and program implementation",
      "content": "- The recent tightening of credit conditions in segments of mature financial markets abroad has not had an impact on Paraguay.\n- The current mix of macroeconomic policies, combined with favorable external conditions and the appreciation of the guaraní, have facilitated strong program performance.\n- Program outcomes include a decline in core inflation over the past months."
    },
    {
      "heading": "Inflation dynamics",
      "content": "- Decline in core inflation has occurred in recent months (described in the source as \"a decline in core inflation over the past months\").\n- Food inflation and \"inflation rate of September\" are listed among keywords and areas of focus for the report."
    },
    {
      "heading": "External environment and risks",
      "content": "- At the international level, there is a risk that a global slowdown associated with the credit tightening could spill over to emerging economies and to Paraguay’s neighbors.\n- Such spillovers could affect Paraguayan exports."
    },
    {
      "heading": "Financial sector and supervision",
      "content": "- Report subject areas include: Bank deposits, Banking, Basel Core Principles, Financial regulation and supervision, Operational risk, liquidity control instruments.\n- Keywords indicate attention to Basel Core Principles, Operational risk, liquidity control instruments, and CR/ISCR topics."
    },
    {
      "heading": "Fiscal and public sector issues",
      "content": "- Fiscal policy and fiscal stance are central subjects of the report (listed as \"Fiscal policy, Fiscal stance, Public debt, Public sector\").\n- The report addresses policy implementation and the public sector, with \"fiscal objective\" and \"draft law\" noted among keywords."
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      "content": "- Publication date: June 10, 2008\n- Pages: 61\n- Volume: 2008\n- Issue: 179\n- Series: Country Report No. 2008/179\n- Stock No: 1PRYEA2008002\n- DOI: https://doi.org/10.5089/9781451832532.002\n- ISBN: 9781451832532\n- ISSN: 1934-7685\n\nInternational Monetary Fund. Paraguay: Fourth Review Under the Stand-By Arrangement and Request for Reduction and Rephasing of Access: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay, June 10, 2008.\n\n---\n\n Content in this bundle\n\n- cr08179\n  - cr08179 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr08179 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/paraguay-fourth-review-under-the-stand-by-arrangement-and-request-for-reduction-and-22035"
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    "Authors: Arrangement, Request",
    "Published: June 10, 2008",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451832532.002",
    "The recent tightening of credit conditions in segments of mature financial markets abroad has not had an impact on Paraguay.",
    "The current mix of macroeconomic policies, combined with favorable external conditions and the appreciation of the guaraní, have facilitated strong program performance.",
    "Program outcomes include a decline in core inflation over the past months.",
    "Decline in core inflation has occurred in recent months (described in the source as \"a decline in core inflation over the past months\").",
    "Food inflation and \"inflation rate of September\" are listed among keywords and areas of focus for the report.",
    "At the international level, there is a risk that a global slowdown associated with the credit tightening could spill over to emerging economies and to Paraguay’s neighbors.",
    "Such spillovers could affect Paraguayan exports.",
    "Report subject areas include: Bank deposits, Banking, Basel Core Principles, Financial regulation and supervision, Operational risk, liquidity control instruments.",
    "Keywords indicate attention to Basel Core Principles, Operational risk, liquidity control instruments, and CR/ISCR topics.",
    "Fiscal policy and fiscal stance are central subjects of the report (listed as \"Fiscal policy, Fiscal stance, Public debt, Public sector\").",
    "The report addresses policy implementation and the public sector, with \"fiscal objective\" and \"draft law\" noted among keywords.",
    "Publication date: June 10, 2008",
    "Pages: 61",
    "Volume: 2008",
    "Issue: 179",
    "Series: Country Report No. 2008/179",
    "Stock No: 1PRYEA2008002",
    "DOI: https://doi.org/10.5089/9781451832532.002",
    "ISBN: 9781451832532",
    "ISSN: 1934-7685",
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