Paraguay: Staff Report for the 2014 Article IV Consultation

International Monetary Fund

No 2015/037, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; central bank; exchange rate; government foreign-currency receipt; excl. central bank bank bill; executive board assessment; central bank of Paraguay; IADB Paraguay; banking system; PFM legal and regulatory frameworks; Credit; Global; South America (search for similar items in EconPapers)
Pages: 63
Date: 2015-02-20
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