IMF Staff Country Reports

Paraguay: Selected Issues

Publication Date:

June 12, 2009

Electronic Access:

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Summary:

After five years of Paraguay’s high growth led, in part by agro-exporting sectors, the external environment has turned less favorable, with a sharp decline of export prices and a curtailment of external credit lines. The Selected Issues paper for Paraguay discusses economic development and policies. Over the same period, inflation remained above 5 percent, but hovered around 10 percent in the last two years, fed in part by supply shocks but possibly also by an overheating of the economy.

Series:

Country Report No. 2009/184

Subject:

Bank credit Banking Banking crises Credit Financial crises Fiscal stance Inflation Money Output gap Prices Production