## Paraguay: 2017 Article IV Consultation-Press Release and Staff Report

_IMF Staff Country Reports, July 24, 2017_

## Source details

**Canonical URL:** [Paraguay: 2017 Article IV Consultation-Press Release and Staff Report](https://www.imf.org/en/publications/cr/issues/2017/07/24/paraguay-2017-article-iv-consultation-press-release-and-staff-report-45119)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/07/24/paraguay-2017-article-iv-consultation-press-release-and-staff-report-45119/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/07/24/paraguay-2017-article-iv-consultation-press-release-and-staff-report-45119/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/07/24/paraguay-2017-article-iv-consultation-press-release-and-staff-report-45119/bundle-manifest.json)

## Bibliographic details
- Published: July 24, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484312193.002

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### 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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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17233.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17233.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/07/24/paraguay-2017-article-iv-consultation-press-release-and-staff-report-45119_