01673cas a2200241 a 4500 AALejournalIMF004092 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832488 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Paraguay : Sixth Review Under the Stand-By Arrangement. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (35 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 Paraguay's Sixth Review Under the Stand-By Arrangement reports that the program is ending successfully, having achieved the broad objectives of restoring stability and beginning a process of structural reform, albeit with some delays. At the time of program approval in 2003, Paraguay had been experiencing one of the most severe financial and budgetary crises, triggered by the regional crisis of 2002 and exacerbated by weak macroeconomic fundamentals. A quick and decisive policy response, articulated in the context of the IMF-supported program, stopped the financial crisis and put the public finances on a sustainable path. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/100 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/100/002.2006.issue-100-en.xml IMF e-Library