European Parliament Library

Paraguay :, First Review Under the Stand-By Arrangement: Staff Report; Staff Supplement; and Press Release on the Executive Board Consideration

Improvements in macroeconomic conditions are encouraging, and the current macroeconomic framework for 2006 and 2007 remains valid in Paraguay. The strong fiscal performance has applied also to the rest of the public sector. The authorities have submitted a budget proposal for 2007 that preserves fiscal discipline. Monetary policy will continue to be geared toward achieving the inflation target of 7 percent in 2006. Monetary policies will aim at a further reduction of inflation for 2007. Despite the recent strengthening of the balance of payments, external vulnerabilities remain
Table Of Contents
Cover; Contents; Executive Summary; I. Program Performance and Developments; II. Review Issues; A. Macroeconomic Framework; B. Fiscal Policy; C. Monetary Policy; D. External Issues; E. Structural Issues; F. Program Issues; III. Program Outlook and Risks; IV. Staff Appraisal ; Text Boxes; 1. Re-Opening the Domestic Bond Market; 2. Restructuring of Public Enterprises; Tables; 1. Quantitative Program Targets for 2006; 2. Structural Conditionality Under the Program for 2006/07; 3. Selected Economic and Social Indicators; 4. Central Government Operations
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (52 p.)
Specific Material Designation
Form Of Item

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