Paraguay 

Paraguay landenbeleid

Beleid vastgesteld op 25 november 2010

• ILC, bankgarantie, centrale overheidsgarantie (onvoorwaardelijk)
• Er is een landenplafond van 1000 mln euro van kracht
• Het signaleringsplafond is 100 mln euro
• - waarvan per 2011-12-31 0 mln euro benut is

Landenklasse: 5

Paraguay landenrapport

Atradius Dutch State Business  Economic Research
Country Report last updated :  21 September 2011
Country :  PARAGUAY  

Political Situation
Rather Fragile Democracy

Head of state
President Fernando Lugo.

Form of government
Government of the Alianza Patriotica para el Cambio (APC).

Internal Economic Situation
Strong Recovery From 2009-Recession

General situation
Economic performance relies heavily on agriculture, hydro power and informal (foreign) trade. After a recession in 2009 when the global financial crisis and severe drought severely hit the economy, strong recovery thanks to rebound of exports on the basis of another bumper soya harvest and the upswing in Brazil: 2010 +14.5%, 2011 +6%. Inflation (9.4% 2011Q2 is well above target (5%; +/-2%). Efforts to clampdown on illegal trade have been successful but still large informal activities understate the size of the economy. 
 
External Economic Situation   :   Reasonable 

Main sources of foreign exchange
Agricultural products: soybeans, cotton, meat; hydro energy.

Main foreign markets
Uruguay (16%), Argentina (16%), Brazil (14%), EU (6%).

Main expenses of foreign exchange
Capital goods (40%), intermediate goods (27%).

 
Balance of payments 
In 2010/’11 imports have increased even faster than the export revenues, resulting in higher current account deficits despite additional proceeds from Itaipu. After a weak 2009 the guarani exchange rate has stabilised, even appreciated vs US$ by 15% in 2010/’11.