Paraguay 2024 Article IV Consultation, Third Review Under the Policy Coordination Instrument, Modification of Targets, and First Review Under the Arrangement Under the Resilience and Sustainability Facility-Press Release; and Staff Report
Paraguay's economy had a strong year in 2023, growing 4.7 percent. Growth this year continues to be led by robust agricultural production, exports, and high electricity generation. Monetary policy was adjusted timely to rapidly falling inflation and is now approaching a neutral stance. The fisc...
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2024
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Series: | IMF Staff Country Reports
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Subjects: | |
Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | Paraguay's economy had a strong year in 2023, growing 4.7 percent. Growth this year continues to be led by robust agricultural production, exports, and high electricity generation. Monetary policy was adjusted timely to rapidly falling inflation and is now approaching a neutral stance. The fiscal position deteriorated but consolidation has started. The external current account is expected to stay close to balance. Banks remain profitable and well provisioned |
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Physical Description: | 109 pages |
ISBN: | 9798400280030 |