Paraguay: Staff Report for the 2014 Article IV Consultation
IMF Staff Country Reports, February 20, 2015
Source details
- Canonical URL
- Paraguay: Staff Report for the 2014 Article IV Consultation
Other formats
Bibliographic details
- Published: February 20, 2015
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484378472.002
Key findings
- Economic activity in Paraguay has slowed from record-high growth in 2013, but remains buoyant.
- Construction, manufacturing, and services led the expansion in 2014.
- Electricity production declined in 2014.
- Re-exports suffered from weak growth in Brazil.
- Full-year growth is estimated to have slightly exceeded 4 percent.
Outlook and risks
- Real GDP is projected to remain close to 4 percent in 2015.
- The outlook is clouded by weak trading partner growth and lower export prices.
- Agricultural production is projected to rise only marginally above the high level of 2014.
Subjects and keywords
- Subjects: Bank deposits; Banking; Credit; Exchange rates; Money; National accounts; PFM legal and regulatory frameworks; Public debt; Public financial management (PFM); Revenue administration
- Keywords: banking system; central bank; central bank of Paraguay; CR; Credit; exchange rate; excl. central bank bank bill; executive board assessment; Global; government foreign-currency receipt; IADB Paraguay; ISCR; PFM legal and regulatory frameworks; South America