Paraguay: Fourth Review Under the Stand-By Arrangement and Request for Reduction and Rephasing of Access: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay
IMF Staff Country Reports, June 10, 2008
Source details
- Canonical URL
- Paraguay: Fourth Review Under the Stand-By Arrangement and Request for Reduction and Rephasing of Access: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay
Other formats
Bibliographic details
- Authors: Arrangement, Request
- Published: June 10, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451832532.002
Macroeconomic performance and program implementation
- The recent tightening of credit conditions in segments of mature financial markets abroad has not had an impact on Paraguay.
- The current mix of macroeconomic policies, combined with favorable external conditions and the appreciation of the guaraní, have facilitated strong program performance.
- Program outcomes include a decline in core inflation over the past months.
Inflation dynamics
- Decline in core inflation has occurred in recent months (described in the source as "a decline in core inflation over the past months").
- Food inflation and "inflation rate of September" are listed among keywords and areas of focus for the report.
External environment and risks
- At the international level, there is a risk that a global slowdown associated with the credit tightening could spill over to emerging economies and to Paraguay’s neighbors.
- Such spillovers could affect Paraguayan exports.
Financial sector and supervision
- Report subject areas include: Bank deposits, Banking, Basel Core Principles, Financial regulation and supervision, Operational risk, liquidity control instruments.
- Keywords indicate attention to Basel Core Principles, Operational risk, liquidity control instruments, and CR/ISCR topics.
Fiscal and public sector issues
- Fiscal policy and fiscal stance are central subjects of the report (listed as "Fiscal policy, Fiscal stance, Public debt, Public sector").
- The report addresses policy implementation and the public sector, with "fiscal objective" and "draft law" noted among keywords.
Document metadata and identifiers
- Publication date: June 10, 2008
- Pages: 61
- Volume: 2008
- Issue: 179
- Series: Country Report No. 2008/179
- Stock No: 1PRYEA2008002
- DOI: https://doi.org/10.5089/9781451832532.002
- ISBN: 9781451832532
- ISSN: 1934-7685
International Monetary Fund. Paraguay: Fourth Review Under the Stand-By Arrangement and Request for Reduction and Rephasing of Access: Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay, June 10, 2008.