Economist Jorge Garicoche states that Paraguay, which attracts low-scale foreign investments mainly in plastics and textiles, needs more stable rules in infrastructure and energy to capture larger and impactful projects, remaining a strategic destination for Brazilian entrepreneurs.
Jorge Garicoche
Pytagua coverage mentioning Jorge Garicoche.
Workers are demanding a 20% increase in Paraguay's legal minimum wage, while business owners are pushing for a 2.4% adjustment based on the Consumer Price Index (CPI) from the Central Bank of Paraguay. The final decision rests with President Santiago Peña following the sixth meeting of the National Minimum Wage Council (Conasam) scheduled for this Wednesday.
While buying vehicles becomes more affordable, filling the basic food basket weighs increasingly on Paraguayans' pockets, reveals an analysis by economist Jorge Garicoche.