01669cas a2200241 a 4500 AALejournalIMF002916 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832396 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Paraguay : Request for a Stand-By Arrangement. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (85 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Paraguayan authorities have prepared an economic program to stabilize their macroeconomic situation and begin a process of structural reform. Fiscal adjustment and structural reforms should pave the way for more rapid growth over the medium term. Despite these expected improvements in economic policies and performance, Paraguay remains vulnerable to external shocks. The fiscal situation has deteriorated sharply in recent years. Severe financing constraints have produced sizable public sector payments arrears. On the revenue side, the government's fiscal strategy is to raise revenues while minimizing increases in tax rates. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/066 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/066/002.2004.issue-066-en.xml IMF e-Library