Paraguay Staff Report for the 2002 Article IV Consultation

This 2002 Article IV Consultation highlights that Paraguay’s economic performance in recent years has been characterized by slow economic growth and increasing unemployment and poverty rates. This stagnation reflects structural impediments to growth, exacerbated by external and domestic shocks. In 2...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2003
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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651 4 |a Paraguay 
653 |a Finance, Public 
653 |a Depository Institutions 
653 |a Commercial banks 
653 |a Public debt 
653 |a Public-Private Enterprises 
653 |a Public ownership 
653 |a Nonprofit Organizations and Public Enterprise: General 
653 |a Banks 
653 |a Public finance & taxation 
653 |a Banks and banking 
653 |a Public Enterprises 
653 |a Public sector 
653 |a Financial institutions 
653 |a Government business enterprises 
653 |a Debt Management 
653 |a Micro Finance Institutions 
653 |a Debts, Public 
653 |a Debt 
653 |a Exports and Imports 
653 |a Mortgages 
653 |a International Lending and Debt Problems 
653 |a International economics 
653 |a Economic sectors 
653 |a External debt 
653 |a Debts, External 
653 |a Nationalization 
653 |a Sovereign Debt 
653 |a Banks and Banking 
653 |a Public enterprises 
653 |a Civil service & public sector 
653 |a Macroeconomics 
653 |a Banking 
653 |a Public Finance 
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520 |a This 2002 Article IV Consultation highlights that Paraguay’s economic performance in recent years has been characterized by slow economic growth and increasing unemployment and poverty rates. This stagnation reflects structural impediments to growth, exacerbated by external and domestic shocks. In 2002, the economy fell into its worst recession in decades, with real GDP down by 2½ percent, according to official estimates, or 4½ percent, according to IMF staff estimates, while inflation accelerated to 14½ percent. The public finances also deteriorated sharply in 2002