Banco Central del Paraguay

The Association of Christian Entrepreneurs (ADEC) calls on companies and entrepreneurs from across Paraguay to apply for the 2026 ADEC Awards, with free registration until May 31. The awards, which have recognized 360 organizations over 31 years, will hold a ceremony on November 12 at the Central Bank of Paraguay.

The Asunción Stock Exchange (Bvpasa) is working with the Central Bank of Paraguay to enable the trading of currency futures (forwards) on the stock market as a hedging tool for importing and exporting companies amid exchange rate volatility. Bvpasa President Pablo Cheng also highlighted the potential of the Investor Pass program to attract foreign capital and provide liquidity to the market.

Paraguay's Consumer Confidence Index (ICC) fell to 40.17 points in April 2026, the lowest level since the series began, reversing the slight improvement seen in March. The decline occurs despite the depreciation of the dollar, reflecting internal and external uncertainties, including the so‑called 'war economy' announced by the former Minister of Economy.

Paraguay's Consumer Confidence Index (ICC) fell to 40.17 points in April 2026, a drop of 11.15 points from March, returning to pessimistic territory. The Economic Situation Index (ISE) plunged to 29.33 points, while the Economic Expectations Index (IEE) stood at 51 points, still in optimistic territory. Only 15.5% of respondents said they had conditions to save, and the intention to purchase durable goods fell, except for housing. The Central Bank of Paraguay (BCP) released the data.

The Asunción City Hall closed a section of Presbítero Justo Román Street for 45 days for storm drainage works in the Santo Domingo basin. The measure further isolates the Manorá and Santo Domingo neighborhoods, which already suffer from traffic collapse. The work, promised by former mayor Óscar Rodríguez with funds from G8 bonds, is delayed and marked by allegations of fund diversion.

The Paraguayan Road Chamber (Cavialpa) demands from the Ministry of Economy and Finance (MEF) the regulation of the factoring system to settle state debts with contractors. The sector warns that delays force private indebtedness and that current payments do not reduce the accumulated liability.

The Central Bank of Paraguay (BCP) allocated G. 330,084 million to monetary control measures between January and April 2026, a slight reduction of 3% compared to the same period in 2025. Interest on Monetary Regulation Instruments (IRM) accounted for 57% of the total.

The growth of quick credit apps in Paraguay exposes consumers to interest rates reaching 60% and administrative fees of up to 30% of the borrowed amount, a practice regulated by the Central Bank of Paraguay (BCP) but still escaping authorities' control. The "shadow banking" model is also adopted by appliance retail chains, which inflate prices and impose disguised charges to circumvent usury laws.

The total balance of credit cards in the Paraguayan banking system exceeded G. 6.6 trillion (about US$ 1.1 billion), with annual growth of 30.6%, tripling the pace of the economy. Default rates reach 7.9% in lower-middle credit brackets, while the government considers inflation controlled, contrasting with consumers' reality.

The Central Bank of Paraguay (BCP) celebrates April inflation at 2.3%, below the 4% target, but analyst Alejo García argues the decline is artificial, driven by a 23% appreciation of the guarani against the dollar since July 2025, not by effective monetary policy. García points to flaws in the BCP's toolkit, such as the lack of high-frequency open market operations and an 'inverted corridor' of rates, indicating structural dysfunctions.

The National Minimum Wage Council (Conasam) faces an impasse over the minimum wage adjustment, with employers advocating strict application of the law based on the CPI and workers demanding a 22% increase. The government is considering modernizing the basic basket, while unions accuse the Central Bank of manipulating inflation.