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

August 4, 2008

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Format: Chicago

International Monetary Fund. "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", IMF Staff Country Reports 2008, 268 (2008), accessed 1/15/2026, https://doi.org/10.5089/9781451832563.002

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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.

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

Keywords: arrangement of SDR, CR, draft payment system law, Exchange rates, fund staff estimate, Global, ISCR, Public sector, record real GDP growth, service delivery, sixth