{
  "title": "Paraguay: 2017 Article IV Consultation-Press Release and Staff Report",
  "publication": "IMF Staff Country Reports, July 24, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/07/24/paraguay-2017-article-iv-consultation-press-release-and-staff-report-45119",
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  "summary": "This 2017 Article IV Consultation highlights that Paraguay has grown robustly despite a more challenging external environment. 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.",
  "publishDate": "2017-07-24",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Economic performance and outlook",
      "content": "- The economy gained momentum toward the end of 2016 and expanded by 6.5 percent (year-over-year) during the first quarter of 2017.\n- 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.\n- Over the medium term, real GDP growth is expected to remain near potential of just below 4 percent."
    },
    {
      "heading": "Drivers of growth",
      "content": "- Investment will likely be a crucial driver of growth, as major infrastructure projects are undertaken."
    },
    {
      "heading": "Risks to the outlook",
      "content": "- Risks around the outlook are to the downside, especially from heightened political uncertainty in Brazil."
    },
    {
      "heading": "Financial and policy subjects covered",
      "content": "- Bank credit\n- Banking\n- Basel Core Principles\n- Central bank policy rate\n- Credit\n- Financial regulation and supervision\n- Financial services\n- Money\n- Public debt\n- Revenue administration"
    },
    {
      "heading": "Keywords (as listed)",
      "content": "- 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\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/07/24/paraguay-2017-article-iv-consultation-press-release-and-staff-report-45119"
    }
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    "Published: July 24, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484312193.002",
    "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.",
    "Investment will likely be a crucial driver of growth, as major infrastructure projects are undertaken.",
    "Risks around the outlook are to the downside, especially from heightened political uncertainty in Brazil.",
    "Bank credit",
    "Banking",
    "Basel Core Principles",
    "Central bank policy rate",
    "Credit",
    "Financial regulation and supervision",
    "Financial services",
    "Money",
    "Public debt",
    "Revenue administration",
    "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",
    "**Country Report**"
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