Paraguay: 2017 Article IV Consultation-Press Release and Staff Report
IMF Staff Country Reports, July 24, 2017
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- Canonical URL
- Paraguay: 2017 Article IV Consultation-Press Release and Staff Report
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Bibliographic details
- Published: July 24, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484312193.002
Economic performance and outlook
- The economy gained momentum toward the end of 2016 and expanded by 6.5 percent (year-over-year) during the first quarter of 2017.
- Real GDP growth is projected to reach 4.2 percent in 2017, reflecting a more moderate pace of activity in the second half of the year.
- Over the medium term, real GDP growth is expected to remain near potential of just below 4 percent.
Drivers of growth
- Investment will likely be a crucial driver of growth, as major infrastructure projects are undertaken.
Risks to the outlook
- Risks around the outlook are to the downside, especially from heightened political uncertainty in Brazil.
Financial and policy subjects covered
- Bank credit
- Banking
- Basel Core Principles
- Central bank policy rate
- Credit
- Financial regulation and supervision
- Financial services
- Money
- Public debt
- Revenue administration
Keywords (as listed)
- Basel Core Principles, central bank, central bank of Paraguay, Central bank policy rate, CPI index, CR, Credit, credit dollarization, credit growth, Global, IADB Paraguay, Inter-American Development Bank, ISCR, monetary policy rate, outturn, Paraguay
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- Country Report