Paraguay: Staff Report for the 2014 Article IV Consultation
February 20, 2015
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This 2014 Article IV Consultation highlights that economic activity in Paraguay has slowed from record-high growth in 2013, but remains buoyant. Construction, manufacturing, and services led the expansion in 2014, whereas electricity production declined, and re-exports suffered from weak growth in Brazil. Full-year growth is estimated to have slightly exceeded 4 percent. Real GDP is projected to remain close to 4 percent in 2015. Weak trading partner growth and lower export prices cloud the outlook, and agricultural production is projected to rise only marginally above the high level of 2014.
Subject: 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
Pages:
63
Volume:
2015
DOI:
Issue:
037
Series:
Country Report No. 2015/037
Stock No:
1PRYEA2015001
ISBN:
9781484378472
ISSN:
1934-7685
