No menu items!

Paraguay

Paraguay’s Strong Trade Performance in Early 2024

In the first quarter of 2024, Paraguay demonstrated significant economic resilience, with a reported 3.3% increase in exports compared to the same period in...

Paraguay Reduces Global Footprint, Shuts Down Embassies

Paraguay has declared it will shut down its embassies in Egypt, Canada, Portugal, Australia, and Switzerland. The country cites financial limitations and reciprocity agreements as reasons for this decision. Foreign Minister Lezcano stated that after thorough...

Paraguay’s Inflation Hits 2% in Early 2024

As of March 2024, Paraguay noted a Consumer Price Index (CPI) increase of 1.1%, up from the previous year's March figure of 0.4%. This rise...

Paraguay Meat Sales Dip in Early 2024

Early in 2024, Paraguay faced an unexpected 3.5% drop in its meat exports, a...

Paraguay’s 2023 Economic Rise: A 4.7% Leap

In 2023, Paraguay's economy experienced a 4.7% upswing, according to a report by the Central Bank of Paraguay (CBP). This...

Mercosur and Japan Set for Free Trade Agreement Talks

Paraguay's Foreign Minister announced in the Nikkei outlet that Mercosur and Japan will start free trade discussions next month. During his Japan visit, Ruben Ramirez...

Wheat Sales from Paraguay Jump 109.3% in Early 2024

Paraguay witnessed a striking 109.3% boost in its wheat exports in January 2024, as announced by Capeco last Saturday. This...

Paraguay’s Central Bank Advances with Careful Rate Cuts

The Central Bank of Paraguay has executed its seventh rate cut since August, aiming to boost economic momentum while...

Paraguay Faces Political Turmoil: Senator’s Expulsion Stirs Debate

The ousting of Senator Kattya González sparked significant controversy, highlighting Paraguay's complex political dynamics. González's...

Roaming Fees Gone in Paraguay and Uruguay

In the latest development, Paraguay and Uruguay are set to abolish international roaming charges for...

Paraguay’s Move Towards Investment Grade

Paraguay's Finance Minister, Carlos Fernandez Valdovinos, has revealed the country's close approach to achieving investment-grade status. This step is key...