The IMF’s Executive Board concluded the Second Review under the PCI for Paraguay and approved a two-year RSF arrangement. The fund noted that Paraguay’s government continues to commit to prudent macroeconomic policies and structural reforms, including green energy initiatives. Economic growth is projected at 3.8% for 2024, with inflation near the target and a stable external current account surplus. The authorities aim to reduce the fiscal deficit to 1.5% of GDP by 2026. The banking system remains stable and profitable, supporting investment and financial inclusion.