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Economy - Jun 13, 2026Economist Luis Rojas criticizes Peña’s economic model and high public debt in Paraguay

Economist Luis Rojas criticized the economic model of Santiago Peña’s government in Paraguay, highlighting contradictions between the growth rhetoric and fiscal challenges, such as the public debt reaching a historic level of USD 21.7812 billion in the first four months of 2026, representing 36.2% of GDP, along with low tax revenue, poor public services, labor informality, and foreign direct investment of only USD 400 million in 2024.