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.
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.
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.
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.
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.
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.
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.
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.
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:
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.