01753cas a2200241 a 4500 AALejournalIMF003221 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832426 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Paraguay : First Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance and Applicability of Performance Criteria. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (58 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 This paper assesses Paraguay's First Review Under the Stand-By Arrangement and Request for Waiver of Nonobservance and Applicability of Performance Criteria. Paraguay has made significant progress in the first months of the program. Economic activity has strengthened, inflation prospects have improved, and renewed confidence in economic policy management has helped boost banking system deposits and central bank reserves. Fiscal performance has been favorable, but continued reforms are needed to keep the program on track. The IMF staff welcomes the authorities' efforts to address Paraguay's payments arrears difficulties. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/294 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/294/002.2004.issue-294-en.xml IMF e-Library