IMF Staff Country Reports

Paraguay: Report on Observance of Standards and Codes: Fiscal Transparency Module

January 13, 2006

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Paraguay: Report on Observance of Standards and Codes: Fiscal Transparency Module, (USA: International Monetary Fund, 2006) accessed October 9, 2024

Summary

This report on the Observance of Standards and Codes on Paraguay examines the Fiscal Transparency Module. Paraguay has made important progress toward greater fiscal transparency. The fairly comprehensive financial administration law has been complemented by legal reforms that eliminated most tax exemptions, revamped revenue administration procedures, and introduced standardized transparency requirements for public procurement, all of which reduce the scope for corruption. The framework for public employment should be modernized to increase the role of merit-based transparent and objective criteria in the hiring, selection, and promotion procedures.

Subject: Budget execution and treasury management, Budget planning and preparation, Economic sectors, Fiscal accounting and reporting, Fiscal policy, Public financial management (PFM), Public sector

Keywords: Audit rule, Budget execution and treasury management, Budget planning and preparation, Constitution state, CR, Debt information, Departmental government, Fiscal accounting and reporting, Fiscal policy, Government activity, Government manager, Government transfer, ISCR, Private sector, Public sector, State budget, Term of office

Publication Details

  • Pages:

    31

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/014

  • Stock No:

    1PRYEA2006001

  • ISBN:

    9781451832440

  • ISSN:

    1934-7685