IMF Staff Country Reports

Paraguay: Sixth and Final Review Under the Stand-By Arrangement: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay

Publication Date:

August 4, 2008

Electronic Access:

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Summary:

This paper discusses key findings of the Sixth and Final Review Under the Stand-By Arrangement for Paraguay. The program remains broadly on track. All performance criteria for end-March 2008 were met, and those for end-June 2008 are expected to have been observed. With one exception, all structural benchmarks for 2008 are expected to be implemented, albeit with delays. The economy grew 6¾ percent in 2007 and is expected to continue expanding at least 5 percent in 2008 driven by strong agricultural exports.

Series:

Country Report No. 2008/268

Subject:

Banking Currencies Economic sectors Exchange rates External debt Foreign exchange Public debt Public sector