The Paraguayan Volunteer Fire Department (CBVP) demands urgent payment of over G. 10 billion withheld by the Municipality of Asunción since 2020. Mayor Luis Bello called a meeting, but volunteers request a concrete payment schedule to avoid operational collapse.
Héctor Figueredo
Diputado presidente de la Comisión de Industria, Comercio, Turismo y Cooperativismo que explicó la nueva ley de títulos de crédito.
Paraguay’s Chamber of Deputies has passed a law requiring the judicial deposit of original credit instruments, such as promissory notes and checks, during enforcement proceedings. The measure aims to increase transparency and security in debt collection processes, allowing the creditor to keep the document as a judicial depositary, subject to criminal liability for non-compliance. The bill now goes to the Executive Branch for enactment.