Hidden Bibliographic Details
Varying Form of Title: | Paraguay, 2014 article IV consultation
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Other authors / contributors: | International Monetary Fund.
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ISBN: | 9781498318433 1498318436 1484378474 9781484378472 9781484378472
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Notes: | "February 2015." "January 29, 2015"--Page 2 of pdf. Online resource; title from pdf title page (IMF Web site, viewed February 25, 2015).
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Summary: | Paraguay remains one of the most dynamic economies in Latin America, with growth projected around 4 percent in 2014--15. Macroeconomic fundamentals are sound, and the government is pursuing an ambitious reform program to address infrastructure bottlenecks and other long-standing structural weaknesses. However, implementation capacity is limited, and the envisaged improvement in public services will need to be integrated into a prudent medium-term fiscal plan. "This 2014 Article IV Consultation highlights that economic activity in Paraguay has slowed from record-high growth in 2013, but remains buoyant. Construction, manufacturing, and services led the expansion in 2014, whereas electricity production declined, and re-exports suffered from weak growth in Brazil. Full-year growth is estimated to have slightly exceeded 4 percent. Real GDP is projected to remain close to 4 percent in 2015. Weak trading partner growth and lower export prices cloud the outlook, and agricultural production is projected to rise only marginally above the high level of 2014"--
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Other form: | Print version: Dept., International Monetary Fund. Western Hemisphere. Paraguay: 2014 Article IV Consultation - Staff Report; and Press Release. Washington : International Monetary Fund, ©2015
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Standard no.: | 10.5089/9781484378472.002
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