Paraguay: Fifth Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria

Publication Date:

February 7, 2006

Electronic Access:

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Summary:

Paraguay’s Fifth Review Under the Stand-By Arrangement and Request for Waiver of Performance Criteria are discussed. The overall fiscal position remains in surplus, the exchange rate weakened slightly with respect to the U.S. dollar, but considerably with respect to the Brazilian real, and international reserves continue to rise. There have been delays in implementing the structural reform agenda. The authorities need to maintain momentum and deepen the structural agenda to reduce vulnerabilities, strengthen institutions, and lay the basis for growth.

Series:

Country Report No. 2006/041

Subject:

English

Publication Date:

February 7, 2006

ISBN/ISSN:

9781451832464/1934-7685

Stock No:

1PRYEA2006003

Pages:

63

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