ECLAC has lowered Paraguay's growth projection to 4.3% in 2026, keeping it among the highest in a region expected to grow 2.2% on average, despite warnings about vulnerabilities due to commodity dependence and structural problems.
Costa Rica
Pytagua coverage mentioning Costa Rica.
The Development Bank of Latin America and the Caribbean (CAF) will expand its infrastructure fund manager, CAF Asset Management Corp (CAF-AM), into Paraguay and Peru, following positive results in Uruguay and Colombia, with the aim of attracting private capital for strategic projects.
The U.S. Justice Department has expanded its charges against Uruguayan national Sebastián Marset, leader of the First Uruguay Cartel, to include narco-terrorism and international cocaine trafficking, following his capture in Bolivia and subsequent extradition. Prosecutors allege that he coordinated with the Gulf Clan to ship 1,700 kilograms of cocaine and relied on financial operators such as Federico Santoro Vassallo—who was sentenced to 15 years in prison—to launder the illicit profits through cryptocurrencies and international bank transfers.