Coat a large nonstick skillet with cooking spray and heat over medium-high heat. Add beef, onion, pepper and garlic; cook until beef is browned, stirring, about 3 minutes.

Stir in potatoes, carrots, bouillon, water, and beer; bring to a boil, reduce heat, cover and simmer until meat, carrots and potatoes are tender, about 30-45 minutes.

Stir together evaporated milk, cornstarch and paprika in a small cup; add to beef mixture and stir to combine. Cook until slightly thickened and bubbly, about 5 minutes; cook, stirring occasionally, for 2 minutes more.