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Montevideo, May 31st 2025 - 00:31 UTC

Paraguay

  • Monday, April 28th 2025 - 10:26 UTC

    Senator wants Paraguay to revert to winter time (GMT -4)

    “We need to correct this,” Ovelar insisted

    Paraguayan Senator Blanca Ovelar plans to introduce a bill to revert the country's time zone to GMT-4 year-round from the current permanent summer time (GMT-3) adopted recently.

  • Saturday, April 26th 2025 - 10:44 UTC

    Paraguayan Congressman wants Air Force cleared to shoot down threatening aircraft

    Congressman Rubín based his project on similar laws already existing in Brazil and Colombia

    Paraguayan Congressman Rubén Rubín submitted a bill to Parliament whereby the Air Force could shoot down any aircraft posing a threat to national security. The proposal seeks to expand Law No. 6980/2022 on airspace protection, adding a “Phase III” to existing protocols, which would allow shooting down hostile aircraft as a last resort.

  • Wednesday, April 23rd 2025 - 10:40 UTC

    Paraguayan health authorities tackle tuberculosis, HIV and other diseases

    The initiative involves experts from Paraguay, Brazil, and the PAHO

    Paraguay’s Health Ministry and the Pan American Health Organization (PAHO) have launched a joint technical mission to strengthen the country’s response to HIV and tuberculosis, focusing on eliminating HIV, mother-to-child transmission of HIV, congenital syphilis, hepatitis B, and Chagas disease, as well as managing advanced HIV, TB, and HIV/TB co-infection.

  • Wednesday, April 23rd 2025 - 10:35 UTC

    Paraguay hopes to build 22 small hydroelectric plants through private investment

    Paraguay also hopes to diversify its energy matrix and bolster industrial development

    Paraguay plans to build 22 small hydroelectric power plants on internal rivers, with an estimated private investment of US$ 1.4 billion, explained Vice Minister of Mines and Energy Mauricio Bejarano in a radio interview after the enactment of the Small Hydroelectric Power Plants Law which grants the government free rein to bid for the construction of new dams.

  • Tuesday, April 22nd 2025 - 10:34 UTC

    Paraguay: Lugo appears at event commemorating his presidential election

    “All Paraguayans dream of a different Paraguay; a new Paraguay without elites,” Lugo said

    Former Paraguayan President Fernando Lugo publicly appeared Sunday in Liberación, San Pedro, at a Frente Guasu event commemorating the 2008 opposition victory that ended decades of National Republican Association (ANR) rule.

  • Monday, April 21st 2025 - 10:35 UTC

    Stolen 16th-century manuscript returned to Paraguayan authorities

    The Manuscript contains a compendium of the laws that governed the daily life of the indigenous peoples during colonial times

    The US justice system returned the so-called “Hernandarias Manuscript,” a 16th-century document penned in 1598 by Hernando Arias de Saavedra, the first Creole governor in the Americas.

  • Saturday, April 19th 2025 - 10:44 UTC

    CAF bond placement to strengthen Paraguayan agribusiness SMEs

    “Through this record term placement, we continue to consolidate our presence in Paraguay,” CAF's Díaz-Granados said

    The Development Bank of Latin America and the Caribbean (CAF) issued bonds worth ₲ 125 billion (approximately US$ 15.6 million) in Paraguay’s capital market, with a historic 5-year term and a 6.65% annual coupon rate. This is the longest-term issuance by a multilateral institution in Paraguay’s history and CAF’s third bond issuance in guaraníes, following a prior issuance of ₲ 197.5 billion.

  • Friday, April 18th 2025 - 10:42 UTC

    Paraguayan corn exports boosted by Brazilian demand

    Brazil upped demand after breaking records slaughtering farm animals whose feed has corn as a fundamental ingredient

    Between January and March 2025, Paraguayan corn exports rose by 84,000 tons compared to the same period in 2024, generating US$ 69 million in foreign currency, a US$ 15 million increase.

  • Wednesday, April 16th 2025 - 19:13 UTC

    Paraguay's GDP projections revised upwards

    The soybean complex is anticipated to underperform compared to broader economic growth due to adverse weather conditions, according to the BCP forecast

    The Central Bank of Paraguay (BCP) has revised its 2025 GDP growth forecast upward from 3.8% to 4.0%, driven by stronger-than-expected economic activity in early 2025, BCP Chief Economist César Yunis explained. To reach these conclusions, the following issues were taken into consideration:

  • Tuesday, April 15th 2025 - 19:25 UTC

    Paraguay and Uruguay prepare for new scenario with stronger Argentine peso

    The new floating quotation between the Argentine peso and the US dollar is foreseen to have positive repercussions in both neighboring countries

    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.