01714cas a2200241 a 4500 AALejournalIMF016786 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475528503 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Paraguay : Selected Issues. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (52 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 focuses on the reform options for Paraguay's fiscal responsibilities law as well as credit growth and banking system vulnerabilities. During the first year of Paraguay's fiscal responsibility law, implementation has proven challenging, and a debate has emerged over whether its current design is excessively rigid. There are also important reputational costs to amending the framework. Paraguay has experienced rapid credit growth over the past decade. Reflecting these considerations, this chapter analyzes banks' health and potential risks in Paraguay. Paraguay's credit markets, as well as the rest of its financial system, are dominated by commercial banks. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/117 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/117/002.2016.issue-117-en.xml IMF e-Library