
The World Bank approved a 64 million US dollars loan to increase the efficiency, coverage and sustainability of water and sanitation services in Paraguay. The project is expected to benefit almost 17% of Paraguayans, especially the most vulnerable groups.

Paraguay’s influential Catholic Church Episcopal Conference, CEP asked Tuesday in an official release “forgiveness for all the sins of the members of the Church” in direct reference, --but without mentioning a word--, to President Fernando Lugo’s confession of fathering a child while he was Catholic bishop.

The mother of the two year old child fathered by Paraguayan president Fernando Lugo confirmed she had desisted of the demand following the former Catholic bishop paternity admission and promise to give him his name.

Paraguayan President Fernando Lugo (57) publicly admitted Monday that he fathered an illegitimate child who is now 2 years old, in the wake of a legal complaint filed by the boy's mother.

Paraguayan President Fernando Lugo is ready to go to court on paternity charges filed by a woman who later denied the fact. Communication Minister Augusto dos Santos told reporters that next Tuesday he will answer questions from the press on the matter.

The Brazilian government is planning to offer a financing package worth one billion US dollars for industrial projects in Paraguay, local financial newspaper Valor Economico reported this week. According to the newspaper, which cited unnamed sources, the financing will be offered through Brazil's National Development Bank, or BNDES.

Paraguay’s Christina Democrat party reiterated “full confidence” in President Fernando Lugo who faces a paternity suit alleging that a son was born to the former Roman Catholic bishop five months after he abandoned the church for politics.

Argentina, Paraguay, Bolivia and Ecuador signed Monday in Asuncion an agreement for cooperation in security matters which not only involves “associating” for the procurement of equipment, but defence of sovereignty and territorial integrity and preannouncement of military exercises.

The prize of farmland in Paraguay has fallen significantly because of insecurity and the slide in international prices for oil seeds, mainly soybeans, according to a report from the head of the Agronomy Department at the University of Asunción, Ricardo Garay.

Paraguay rejected this week Brazil’s proposals regarding the non renegotiation of the Itaipú treaty which regulates energy production from South America’s largest hydroelectric dam shared by the neighbouring countries.