European Parliament Library

Paraguay, Fifth Review Under the Stand-By Arrangement - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Paraguay, International Monetary Fund

The rebound in inflation since mid-2007 is mostly owed to a jump in food prices in Paraguay. The price volatility of fruits and vegetables explains the divergence between headline and core inflation indicators observed in 2007. Following a decline that started in 2006, core inflation has risen in the second part of 2007. High export volume growth, coupled with a slowdown in import growth, have led to a turn around in the current account from a small deficit in 2006 to a surplus of about 1 ½ percent of GDP in 2007
Table Of Contents
Cover; Executive Summary; Contents; I. Developments in 2007/08; Figures; 1. Real Sector Developments; 2. Fiscal Developments; Text Boxes; 1. Inflationary Pressures; II. Performance under the 2007 Program; 3. Monetary Developments; 4. Financial System Developments; III. Outlook; IV. Policy Discussions and the 2008 Program; 2. Reforming State-Owned Enterprises (SOE); 5. Balance of Payments Developments; 6. Program Performance; A. Policy Framework; B. Fiscal Policy; C. Monetary Policy; D. External Policy; E. Structural Policies; 3. Strategy to Improve Investment Climate; V. Staff Appraisal
Literary Form
non fiction
First edition.
Description based upon print version of record
Physical Description
1 online resource (76 p.)
Specific Material Designation
Form Of Item

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