A Balancing Act : Reform Options for Paraguay's Fiscal Responsibility Law /

Paraguay faces a trade-off between building fiscal credibility and amending the existing fiscal rule to accommodate infrastructure investment and provide space for countercyclical policies. In this paper, we discuss several alternative fiscal rules for Paraguay and present simulations of debt trajec...

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Bibliographic Details
Main Author: David, Antonio
Other Authors: Novta, Natalija
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/226
Online Access:Full text available on IMF