{
  "title": "Paraguay: Staff Report for the 2012 Article IV Consultation",
  "publication": "IMF Staff Country Reports, August 1, 2012",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/paraguay-staff-report-for-the-2012-article-iv-consultation-26138",
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  "summary": "The Paraguayan economy suffered setbacks throughout 2011–12 owing to drought, export ban, and inflation. Recovery measures have been under way with active government intervention in the implementation of a new budget, tax reforms, and new monetary and fiscal policies.",
  "publishDate": "2012-08-01",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Main findings: economic developments in 2011–12",
      "content": "- The Paraguayan economy suffered setbacks throughout 2011–12 owing to drought, export ban, and inflation.\n- The central bank has undertaken measures to increase non-agricultural revenue and strengthen the cooperative sector.\n- 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."
    },
    {
      "heading": "Recovery measures and policy actions",
      "content": "- Active government intervention in the implementation of a new budget.\n- Tax reforms undertaken as part of recovery measures.\n- New monetary and fiscal policies implemented to support recovery."
    },
    {
      "heading": "Executive Board advice and policy recommendations",
      "content": "- Improve the tax regime.\n- Promote public investment.\n- Devise long-term strategies.\n\n---\n\n Content in this bundle\n\n- Paraguay: 2012 Article IV Consultation; IMF Country Report No. 12/211; June 8, 2012\n  - Paraguay: 2012 Article IV Consultation; IMF Country Report No. 12/211; June 8, 2012 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Paraguay: 2012 Article IV Consultation; IMF Country Report No. 12/211; June 8, 2012 (PDF){rel=\"external\" type=\"application/pdf\"}\n- Cr12211s\n  - Cr12211s (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cr12211s (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/paraguay-staff-report-for-the-2012-article-iv-consultation-26138"
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    "Published: August 1, 2012",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781475506792.002",
    "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.",
    "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.",
    "Improve the tax regime.",
    "Promote public investment.",
    "Devise long-term strategies.",
    "**Paraguay: 2012 Article IV Consultation; IMF Country Report No. 12/211; June 8, 2012**",
    "**Cr12211s**"
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