Paraguay: Staff Report for the 2014 Article IV Consultation
Volume/Issue:
Volume 2015
Issue 037
Publication date: February 2015
ISBN: 9781484378472
$18.00
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Topics covered in this book
This title contains information about the following subjects.
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Banks and Banking , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Taxation - General , ISCR , CR , central bank , exchange rate , government foreign-currency receipt , excl , central bank bank bill , executive board assessment , central bank of Paraguay , IADB Paraguay , banking system , PFM legal and regulatory frameworks , Credit , Global , South America
Summary
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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