01874cas a2200241 a 4500 AALejournalIMF014244 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475519006 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Paraguay : 2013 Article IV Consultation-Staff Report; Press Release. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (77 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 2013 Article IV consultation highlights the main challenge ahead for Paraguay, which is to improve social and economic development while strengthening the macroeconomic policy framework to cement strong fundamentals. Paraguay's outlook for 2014-18 is favorable, with broadly balanced risks, despite less buoyant external conditions. The economy is expected to continue to be one of the most dynamic in the region, with growth returning to potential of about 4.5 percent a year by 2016, inflation in line with the central bank's target rate, and small fiscal and current account deficits. Consistent with this outlook, the policy stance should be tightened in the near term, with policies guided by fiscal responsibility and incipient inflation-targeting frameworks over the medium term. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2014/060 Full text available on IMF http://elibrary.imf.org/view/journals/002/2014/060/002.2014.issue-060-en.xml IMF e-Library