Home breadcru News breadcru Association/Org breadcru Many improvements in Paraguay's economic situation, Anoop Singh

Many improvements in Paraguay's economic situation, Anoop Singh

11 Dec '06
2 min read

"Toward these ends, the government has prepared an ambitious agenda of fiscal, financial sector, and other institutional reforms, and is extending the recently introduced conditional cash transfer program as part of increased social sector support."

"I believe there is wide popular consensus for these policies that should increase investment, productivity, and growth in Paraguay's economy over the medium term while putting poverty and inequality indicators on a clear declining trend."

"The IMF has been pleased to support Paraguay's economic program through a Stand-By Arrangement that is precautionary in nature. I have assured the President of our continuing commitment to work with his government to help achieve his vision for the future of Paraguay's economy."

International Monetary Fund

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