Rating Report
Paraguay - Update
Tue 13 May, 2025 - 11:41 PM ET
Paraguay's generally prudent and consistent macroeconomic policies, low government debt and robust external liquidity are offset by a low revenue base, shallow local capital market and weak governance. The central government deficit fell to 2.6% in 2024 from 4.1% in 2023, real GDP growth was 4.3%, and inflation averaged 3.8%.
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