While economist Sergio Sapena advocates raising Paraguay's debt to 70% of GDP to finance development, the Santiago Peña government has already issued $5.4 billion in bonds, and experts warn of the risks of accelerated indebtedness amid fiscal deficits.
Agencia Financiera de Desarrollo
Pytagua coverage mentioning Agencia Financiera de Desarrollo.
Taiwan has announced new funding of US$200 million for the Paraguayan housing program Che Róga Porã, whose initial funds were nearly depleted. The announcement was made during the program's Expo & Forum, where the government reaffirmed its commitment to the initiative.
The new management of Paraguay's social security institute has found 67 inherited criminal cases, including high-impact investigations and delays of up to a decade, and plans to speed up investigations to recover funds.
The Che Róga Porã program has already benefited 6,100 families in Paraguay with housing credits, expanded the income limit to include more workers, and seeks to reduce the deficit of 1.1 million homes, while generating jobs and even serving Paraguayans abroad.
Paraguay has executed only 34.3% of the $602.3 million in bilateral loans for public works, leaving $395.7 million unused.
The Ministry of Industry and Commerce (MIC) established through Resolution No. 472 that the mandatory biodiesel blend in Type III Diesel will be 8% to 10% by volume, revoking the previous regulation from October 2023 and taking effect 30 days after publication.