Paraguay : Staff Report for the 2012 Article IV Consultation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/211

IMF Staff Country Reports

Language:

English

Subjects (All):

Monetary policy--Paraguary.

Monetary policy.

Economic development--Paraguay.

Economic development.

Physical Description:

1 online resource (66 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

The Paraguayan economy suffered setbacks throughout 2011–12 owing to drought, export ban, and inflation. Recovery measures have been under way with active government intervention in the implementation of a new budget, tax reforms, and new monetary and fiscal policies. The central bank has undertaken measures to increase non-agricultural revenue and strengthen the cooperative sector. Although it commended fiscal prudence, the Executive Board advised on an improved tax regime, promotion of public investment, and the need to devise long-term strategies.

Contents:

""Cover""; ""CONTENTS""; ""BACKGROUND""; ""MACROECONOMIC OUTLOOK AND RISKS""; ""POLICY DISCUSSIONS""; ""A. Near-Term Macroeconomic and Financial Sector Policies""; ""B. Improving the Tax System""; ""C. Long-Term Growth and Other Structural Issues""; ""STAFF APPRAISAL""; ""BOXES""; ""1. The Natural Real Interest Rate""; ""2. Exchange Rate Flexibility""; ""3. Exchange Rate Assessment""; ""4. Constraints to Long-Term Growth""; ""5. Status of Implementation of Main Recommendations from the 2010 FSAP""; ""6. Migration to IT Regime Status of Implementation of MCM Recommendations""; ""FIGURES""

""1. Real Sector Developments""""2. Monetary Developments""; ""3. Balance of Payments Developments""; ""4. Fiscal Developments""; ""5. Banking System Indicators in International Perspective""; ""TABLES""; ""1. Selected Economic and Social Indicators""; ""2a. Operating Statement of Budgetary Central Government""; ""2b. Operating Statement of Budgetary Central Government""; ""3a. Operations of the Consolidated Public Sector""; ""3b. Operations of the Consolidated Public Sector""; ""4. Summary Accounts of the Central Bank""; ""5. Summary Accounts of the Banking System""

""6. Balance of Payments""""7. Indicators of External Vulnerability""; ""8. Financial Soundess Indicators for the Banking Sector 2006-2011""; ""ANNEXES""; ""1. Risk Assessment Matrix""; ""CONTENTS""; ""1. FUND RELATIONS""; ""2. WORLD BANK-FUND COLLABORATION""; ""3. STATISTICAL ISSUES""; ""A. Real Sector""; ""B. Fiscal Sector""; ""C. Money and Banking Sectors""; ""D. External Sector""

Notes:

"August 2012."

Description based on print version record.

ISBN:

9781475585841

1475585845

9781475533361

1475533365

9781299264274

1299264271

9781475539264

1475539266