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Paraguay poised to become fastest growing economy this year, 13%

Tuesday, June 25th 2013 - 18:34 UTC
Full article 4 comments

Paraguay's economy expanded 14.8% in the first quarter compared with the same period last year, driven mainly by farming, cattle-ranching and construction activity, the central bank said. GDP surged 8.8% in the first quarter versus the fourth quarter of 2012. Read full article

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  • slattzzz

    is this the Paraguay that they kicked out of mercosuar? LMFAO

    Jun 25th, 2013 - 06:48 pm - Link - Report abuse 0
  • Captain Poppy

    With an enterprise minded president, if he can manage to balance and maintain a social agenda as well during his administration, Paraguay can be very well on their way to a bright future.
    Yes Paraguay.....tell mercosur to like their asses and bark at a full moon.

    Jun 25th, 2013 - 08:30 pm - Link - Report abuse 0
  • Stevie

    Sadly enough, Paraguay could grow twice that amount and it would still be the poorest nation in Mercosur.
    With that ruling oligarchy, they will never rise from the ashes, and as for Mercosur, Paraguay haven't contributed with anything else than their stalling methods.
    They should really make their minds up. Mercosur might just not be a solution for them.
    Personally, I prefer an active Venezuela and Bolivia, countries that wishes to be part of a SA integration, rather than Paraguay that wishes to stall every negotiation.

    A win win for every part involved would be Paraguay leaving Mercosur by its own decision and continue pursuing the Alianza and their two-digit growth.

    What isn't being mentioned is that when you starting point is close to zero, 13% of that amount is even closer to zero...

    Jun 26th, 2013 - 10:29 am - Link - Report abuse 0
  • reality check

    Stevie

    Have you read the other story concerning Paraguay?

    304% increase in foreign investment since suspension from Mercosur.

    Investment creates jobs, jobs create personal wealth, personal wealth creates better conditions for the individual and more importantly his or her family.

    Why is Paraguay stalling on negotiations, rather ironic that it blocks Venezuala because of what it sees as lack of constitutional democracy in Venezuala, then for exercising its own constitutional democracy, is suspended from Mercosur.

    Even more ironic, it seems to have benefited from that suspension, both in trade and in diplomacy.

    I thought you were all for the betterment of the South American people's.

    What could you possibly find wrong with something that benefits Paraguayans?

    Is it a prerequisite to tow the party line, that one system must benefit all or no one benefits at all?

    Jun 26th, 2013 - 03:32 pm - Link - Report abuse 0

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