41 “... strong growth and stability over the past several years and navigate the challenges posed by the COVID-19...”

42 “... and advancing structural reforms, consistent with past IMF advice. The outlook is clouded with risks...”

43 “... over the past three decades, although the factors behind this broad-based decline have differed across...”

44 “... protecting the most vulnerable and advancing structural reforms, consistent with past IMF Advice...”

45 “... the past years to reduce the infrastructure gap and increase social spending. These efforts seem...”

46 “... in Curaçao improved in the past two years, in part due to implemented fiscal measures. Both Curaçao and Sint...”

47 “... disasters over the past two years, the authorities are committed to running primary surpluses from FY2022/23...”

48 “...In the past two decades, Paraguay has seen strong growth and a sharp reduction in poverty. Strong...”

49 “...In the past two decades, Paraguay has seen strong growth and a sharp reduction in poverty. Strong...”

50

51