
Following Buenos Aires' announcements regarding the lifting of restrictions to exchange local pesos into US dollars, neighboring Uruguay and Paraguay are preparing for the changes to come. Both countries foresee an increasing influx of Argentine travelers to benefit from the new scenario, which in the case of Paraguay also includes a depreciating guaraní.

The Estimator of Business Figures (ECN) published by Paraguay's Central Bank (BCP) mentioned a 6% year-to-date sales increase and a 5.2% year-on-year rise compared to February 2024.

Presidents Javier Milei of Argentina and Santiago Peña of Paraguay met Wednesday in Asunción to stress their shared commitment to economic freedom and deregulation as a path to prosperity. Their encounter took place at the same time most other heads of State convened in Tegucigalpa (Honduras) for the Celac Summit.

Paraguayan President Santiago Peña Friday emphasized his administration’s commitment to supporting the middle class, a group he believes has been overlooked by past policies favoring either macroeconomic stability for businesses or targeted aid for the poor.

Paraguay's progress in sustainable agriculture and technological innovation to enhance its farming sector was highlighted Wednesday in Asunción at a Conference on Sustainable Agriculture on Family Farms organized by the National Institute of Agricultural Biotechnology (Inbio)

Paraguay has launched investigations into an alleged cyberattack by Brazil targeting its government systems to obtain sensitive information about the Itaipu Binacional hydroelectric power plant, Foreign Minister Rubén Ramírez Lezcano confirmed. He said national intelligence and the Technologies and Information Ministry (MITIC) were probing the claims, though no evidence of a breach has been found yet.

World Bank Group (WBG) President Ajay Banga is due in Asunción Tuesday for a historic visit to Paraguay, the first by a man in his position in nearly 50 years since Robert McNamara’s in 1976. Invited by Paraguayan President Santiago Peña, Banga aims to strengthen bilateral ties, focusing on sustainable development, job creation, and private investment.

Paraguay's National Peasant Federation (FNC) is holding its annual march to Asunción Thursday to demand access to land, an end to evictions, and policies to support rural development. Peasants from 12 of Paraguay’s 17 departments, including San Pedro, Paraguarí, Guairá, and Caaguazú, gathered at the former Metropolitan Seminary on Wednesday to prepare for the demonstration.

Horacio Cartes, president of the ruling National Republican Association (ANR) – also known as Colorado Party - and former president of Paraguay (2013-2018), traveled to Israel on Monday at the invitation of Israeli Prime Minister Benjamin Netanyahu to attend the March 26-27 International Conference on Combating Anti-Semitism.

Paraguay's National Animal Health and Quality Service (Senacsa) announced Wednesday the opening of Israel's market to sheep meat exports from the South American country, following approval of a slaughterhouse by Israel's Veterinary and Animal Health Service (IVSAH). This milestone is expected to boost sheep production and create economic opportunities, building on last year's record animal product exports to Israel worth US$ 147.6 million.