Paraguay

• Thursday, February 20th 2025 - 10:29 UTC

  Argentina settles scores with Paraguayan side of Yacyretá

  

  The Paraguayan side of the Yacyretá Binational Entity (EBY) admitted Wednesday that Argentina now owed nothing after paying US$ 23 million earlier this week, although certain arrangements concerning US$ 50 million were still pending. Paraguay's EBY General Manager Luis Benítez also pointed out that a financial agreement would be signed next week to set the entity's accounts straight.

• Monday, February 17th 2025 - 09:24 UTC

  Paraguay's healthcare scenario shifting

  

  Paraguayan health authorities confirmed during the weekend that the newly implemented night shift had provided medical assistance to over 526,700 patients consultations, thus decompressing the demand for those services in the morning. They also pointed out that the number of Covid-19 cases was going down, although one death was reported.

• Saturday, February 15th 2025 - 10:35 UTC

  Paraguay hopes to double beef exports to Morocco

  

  Paraguayan meat shipments to Morocco are expected to double after a team from the South American country met with buyers this week to discuss cooperation in the agricultural sector, with an emphasis on accessing advanced technology and essential fertilizers. Presiding over the mission to Rabat was Representative Carlos Alberto Núñez Salinas of the Latin American and Caribbean Parliament (Parlatino).

• Friday, February 14th 2025 - 10:28 UTC

  Details about Port of Asunción's future disclosed

  

  Nuevo Mundo Entertainment SA Director Santiago Sosa explained Thursday the details of the redevelopment works undertaken at the Paraguayan capital's historic port. In an interview with an Asunción broadcaster, he explained that the project stemming from an agreement with the Government signed early last year will include the recovery and modernization of the facility's four sheds, converting them into a multifunctional space with commercial premises, open-air stages, and a large-capacity events center.

• Thursday, February 13th 2025 - 10:18 UTC

  Paraná-Paraguay Waterway concession tender canceled amid foul play allegations

  

  The Argentine Government of President Javier Milei Wednesday declared the tender for the Paraná-Paraguay Waterway - which handles 80% of the country's exports and is also vital for Paraguay - concession void and launched an investigation into the only bidders: Dredging Environmental and Marine Engineering (DEME) for allegedly pressuring other potential bidders not to participate. The National Commission for the Defense of Competition will look into possible anti-competitive practices or an illicit association, it was explained.

• Wednesday, February 12th 2025 - 14:34 UTC

  Argentina: Irregularities detected in key waterway concession process

  

  Argentina's Administrative Investigations Prosecutor’s Office (PIA) has identified “serious irregularities” in the bidding process for the concession of the Paraná-Paraguay waterway, a crucial trade corridor for the region. The waterway is essential for exporting agricultural products from Argentina, Brazil, Bolivia, Paraguay, and Uruguay to the Atlantic.

• Tuesday, February 11th 2025 - 19:26 UTC

  Taiwan largest market for Paraguayan pork exports

  

  Taipei's Embassy in Asunción confirmed this week that Paraguay's pork exports to Taiwan grew by 108% last year, thus grabbing an 87% share of the South American country's shipments of the product, yielding revenues around US$ 29 million.

• Tuesday, February 11th 2025 - 09:00 UTC

  German President announces South American tour

  

  German President Frank-Walter Steinmeier will be touring Uruguay, Paraguay, and Chile between February 28 and March 8, it was announced Monday in Berlin. The head of state will attend Yamandú Orsi's inauguration in Montevideo on March 1. He is also scheduled to meet with Paraguay's Santiago Peña and Chile's Gabriel Boric Font.

• Wednesday, February 5th 2025 - 11:43 UTC

  Tax collection above expectations in Paraguay

  

  Paraguay's National Directorate of Tax Revenues (DNIT) announced Tuesday that collection last month far exceeded expectations after posting a 9.1% yoy improvement. A DNIT report mentioned raking in ₲ 3.19 trillion (around US$ 405 million), which represented US$ 33.9 million more than in the same month of 2024.

• Monday, February 3rd 2025 - 08:44 UTC

  Paraguay's BCP outlines scenario under Trump's policies

  

  Paraguay's Central Bank (BCP) has picked up the glove from US President Donald Trump's barrage of protectionist economic measures and spoke of higher financing costs among the possible consequences of the Republican leader's policies. In addition, the US dollar would keep its upward trend against the guarani amid global uncertainty. Hence, there would be no room for a reduction in benchmark interest rates.