IMF Staff Country Reports

Paraguay: 2010 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Paraguay

June 14, 2010

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Paraguay: 2010 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Paraguay, (USA: International Monetary Fund, 2010) accessed September 18, 2024

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Summary

This Article IV Consultation reports that the overall balance of the central government of Paraguay is expected to be in equilibrium, while the central bank intends to withdraw excess liquidity as necessary to limit inflation to no more than 5 percent. Executive Directors commended the Paraguayan authorities for preserving macroeconomic stability in 2009 in the face of a severe drought and the global financial crisis. They emphasized the importance of fiscal reforms, aimed at increasing the tax ratio, strengthening fiscal management, and reducing fiscal risks.

Subject: Bank deposits, Banking, Commercial banks, Financial institutions, Financial services, Inflation, Prices, Public debt, Public enterprises, Revenue administration

Keywords: Authorities of Paraguay, Authority, Bank deposits, Capital account surplus, Commercial banks, CR, Global, Government, Headline inflation, Inflation, ISCR, Paraguay, Real GDP, Sterilization bill, Surplus

Publication Details

  • Pages:

    53

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/169

  • Stock No:

    1PRYEA2010001

  • ISBN:

    9781455207527

  • ISSN:

    1934-7685

Notes