Considerations regarding public debt increase

Public Debt balance, which was of USD 2.747 million in December 2011, increased to 6.114 million in the first semester of 2016, as a con-sequence of an indebtedness increase policy initiated by the administration that took over the government in June 2012 and was later continued by the administratio...

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Main Author: LUIS DOMINGO LAINO
Format: Article
Language:Spanish
Published: Universidad Nacional de Asunción 2016-11-01
Series:Población y Desarrollo
Subjects:
Online Access:http://scielo.iics.una.py/scielo.php?script=sci_abstract&pid=S2076-054X2016004300078&lng=es&nrm=iso&tlng=en
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author LUIS DOMINGO LAINO
author_facet LUIS DOMINGO LAINO
author_sort LUIS DOMINGO LAINO
collection DOAJ
description Public Debt balance, which was of USD 2.747 million in December 2011, increased to 6.114 million in the first semester of 2016, as a con-sequence of an indebtedness increase policy initiated by the administration that took over the government in June 2012 and was later continued by the administration that followed in August 2013. In a four year lapse, public debt doubled, signifying an increase in debt burden from a level of 10,9% of the Gross Domestic Product (GDP) in 2011 to a 22,5% of the GDP in the first semester of 2016. The present article poses considerations regarding this situation, that in further years will require major tributary incomes or new indebtedness to Paraguay in order to cover services of the assumed debts.
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spelling doaj.art-92676d77703d4177aebfa2e7a95ad0a72022-12-21T19:53:20ZspaUniversidad Nacional de AsunciónPoblación y Desarrollo2076-05312076-054X2016-11-012243788210.18004/pdfce/2076-054x/2016.022(43)078-082Considerations regarding public debt increase LUIS DOMINGO LAINO0Doctor en Ciencias Económicas.Public Debt balance, which was of USD 2.747 million in December 2011, increased to 6.114 million in the first semester of 2016, as a con-sequence of an indebtedness increase policy initiated by the administration that took over the government in June 2012 and was later continued by the administration that followed in August 2013. In a four year lapse, public debt doubled, signifying an increase in debt burden from a level of 10,9% of the Gross Domestic Product (GDP) in 2011 to a 22,5% of the GDP in the first semester of 2016. The present article poses considerations regarding this situation, that in further years will require major tributary incomes or new indebtedness to Paraguay in order to cover services of the assumed debts.http://scielo.iics.una.py/scielo.php?script=sci_abstract&pid=S2076-054X2016004300078&lng=es&nrm=iso&tlng=enfiscal stabilitypublic investmentdevelopmentparaguay
spellingShingle LUIS DOMINGO LAINO
Considerations regarding public debt increase
Población y Desarrollo
fiscal stability
public investment
development
paraguay
title Considerations regarding public debt increase
title_full Considerations regarding public debt increase
title_fullStr Considerations regarding public debt increase
title_full_unstemmed Considerations regarding public debt increase
title_short Considerations regarding public debt increase
title_sort considerations regarding public debt increase
topic fiscal stability
public investment
development
paraguay
url http://scielo.iics.una.py/scielo.php?script=sci_abstract&pid=S2076-054X2016004300078&lng=es&nrm=iso&tlng=en
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