Paraguay : 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Paraguay

1PRYEA2009001 Image
Price:  $18.00

Release Date: © June, 2009
ISBN : 978-1-45183-257-0
Stock #: 1PRYEA2009001
Stock Status: On back-order

Languages and formats available



This 2009 Article IV Consultation highlights that the Paraguayan economy performed very well over the past five years, with real GDP growth averaging about 5 percent a year—the best in a generation. The fiscal position strengthened considerably, thereby reducing public debt sharply to relatively low levels. The economy grew by nearly 6 percent in 2008, but growth decelerated in the last quarter of the year. Paraguay’s macroeconomic outlook has also been negatively affected by the deterioration in the global environment.


Economic policy , Fiscal policy , Monetary policy

More publications in this series: IMF Staff Country Reports