Paraguay: Staff Report for the 2012 Article IV Consultation
IMF Staff Country Reports, August 1, 2012
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- Paraguay: Staff Report for the 2012 Article IV Consultation
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Bibliographic details
- Published: August 1, 2012
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475506792.002
Main findings: economic developments in 2011–12
- The Paraguayan economy suffered setbacks throughout 2011–12 owing to drought, export ban, and inflation.
- The central bank has undertaken measures to increase non-agricultural revenue and strengthen the cooperative sector.
- Although it commended fiscal prudence, the Executive Board advised on an improved tax regime, promotion of public investment, and the need to devise long-term strategies.
Recovery measures and policy actions
- Active government intervention in the implementation of a new budget.
- Tax reforms undertaken as part of recovery measures.
- New monetary and fiscal policies implemented to support recovery.
Executive Board advice and policy recommendations
- Improve the tax regime.
- Promote public investment.
- Devise long-term strategies.
Content in this bundle
- Paraguay: 2012 Article IV Consultation; IMF Country Report No. 12/211; June 8, 2012
- Cr12211s