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Paraguay’s GDP grew 4% in the second quarter, with net external demand adding 6.7 percentage points as domestic demand contracted. Economist Rodrigo Ibarrola said growth remains close to its potential, with no cause for concern.
IPS cut the temporary cap on the Banco Atlas trust account from G. 160 billion to G. 80 billion, making up to G. 80 billion available to the Sickness and Maternity Fund while leaving payments on bonds that financed infrastructure works unchanged. The bank said the funds held in the account generated financial returns and that it will continue working with the institute and regulatory authorities.
In New York, Santiago Peña announced a US$200 million investment by J.P. Morgan Natural Capital and Grupo Robinson in Paraguay’s forestry sector, aligned with the Paraguay 2X plan, after a meeting at the bank’s headquarters. The project is expected to transfer technical expertise to local private-sector businesses.
The Paraguayan Air Force has added a Cessna SkyCourier C-408 funded by Itaipu for aeromedical evacuations, humanitarian missions, and passenger and cargo transport, including on short runways and in remote areas.
Operation Aurelia detained four people and is investigating an alleged international gold route that passed through Paraguay, using couriers on commercial flights and jewelry-related businesses as cover; investigators found jewelry, metals and possible chemical precursors at a house in the Manorá neighborhood.
A practical holder-first guide for prepaid and postpaid subscribers in Paraguay who want to move a mobile number to another operator, prepare the request, understand rejection risks and respond to an unauthorized port.
The Ministry of Public Works and Communications (MOPC) will have a budget of G. 9.28 trillion in 2027, with an increase of up to 35% that allocates about 70% to public investment, prioritizing the "incremented paved road network" subcategory (G. 5.11 trillion), specific road works, and contributions to the Ruta PY01 PPP trust.
Paraguay’s public debt reached US$22.208 billion at the end of July 2026, around 12% more than a year earlier. The debt-to-GDP ratio nevertheless fell to 34.8%. A stronger guaraní contributed to the decline: the US dollar lost about 9.3% against the local currency between the end of December and the end of July. Meanwhile, Asunción reports payments of ₲73.4 billion toward obligations from earlier municipal bond issues.
The seasonal drop in the Paraguay River has reduced draft to 9.5 feet north of Asunción, limiting vessel cargo capacity, according to Bernd Gunther, president of Cafym.
Asunción recorded a 40% increase in digital nomad arrivals over the last nine months, establishing itself as the 18th fastest-growing city globally in this segment according to the Nomads.com platform ranking.
Paraguay's state electricity utility, ANDE, has set September 30, 2026, as the deadline for Atome to define its operations in Villeta and presented a $2.34 billion budget for 2027. The proposal includes an 11% reduction in overall resources and allocates $956 million to energy purchases, primarily from Itaipu.
An analysis by MF Economía and Inversiones of the Oxford Economics Global Cities Index 2026 places Asunción in 446th place, with its worst performance in Governance (652nd) and a ranking of 418th in Environment.
Paraguay toll planning works best plaza by plaza. Use MOPC’s official toll portal and dated operator notices, then calculate your route by vehicle class, plaza and payment method instead of assuming one national rate.
The Central Bank of Paraguay has put the CDA-d system into operation, allowing authorized banks and finance companies to offer fully digital savings deposit certificates while paper versions coexist for at least two years.
Santiago Peña and Delcy Rodríguez have opened talks in Caracas on restoring diplomatic relations. The move follows the 2025 rupture and combines security, economic and migration interests with a domestic debate over Paraguay’s position on Venezuela’s democratic institutions and human-rights situation.
Paraguay’s proposed 2027 budget projects a fiscal deficit of 3.9% of GDP, partly concentrated in the payment of overdue debts. Former minister Benigno López criticized it for doing little to expand public-service capacity while putting pressure on investment.
Petropar cut the budget and maximum volume of a tender to purchase aviation fuels, raised the reference price and rescheduled the session for September 23, 2026.
Work-life balance is the main priority for 41.6% of the 3,908 participants in Rankmi’s study across 14 Latin American and Caribbean markets, while remote or hybrid work leads the conditions for balancing responsibilities; for companies, flexibility affects talent attraction and retention, and in Paraguay, Jobs Paraguay reported that 37% of 193 surveyed companies had work-from-home practices, especially in technology (33%), administration (30%) and human resources (12%), generally under a hybrid model.
Itaipu is keeping its spillway open after flow rose 61%, from 1,735 to about 2,800 m³/s, a change attributed by the binational entity to upstream rainfall and demand from interconnected systems. Technicians explained the alternation between spillway channels, while Silver Guerrero told Radio Nacional that operations could change depending on rainfall, with minimal impact on riverside residents for now, normal generation and tourist visits available.
Paraguay is discussing tourism cooperation with the Bahamas and Türkiye while preparing a second phase of a sustainable community tourism project in the Mbya Guaraní Guavirami community, linked to the Jesuit Missions of Santísima Trinidad del Paraná and Jesús de Tavarangue, which are part of the Serial World Heritage listing.
Former ANDE president Félix Sosa has challenged Atome’s position in the dispute over its $665 million Villeta project. He says the power contract signed in 2022 contains neither the later 2026 decrees nor a fixed preferential electricity price, and that any change would have required an addendum signed by both parties. Sosa therefore sees no contractual basis for a claim against ANDE. A separate question remains, however, over whether Atome can pursue claims against Paraguay under the UK–Paraguay investment treaty.
Paraguay will hold its fourth local Treasury bond issue of 2026 on September 23 through the Asunción Stock Exchange, reopening series maturing in 2030 and 2035 to finance the budget and expand the guaraní capital market.
Electricity surpassed biomass for the first time in Paraguay’s energy consumption in 2025, reaching 22,509.5 GWh and 27.6% of final consumption, while biomass accounted for 25.3%, according to the National Energy Balance presented by the Vice Ministry of Mines and Energy.
The Central Bank of Paraguay (BCP) said it will respond within 15 business days to Senate requests about procedures and decisions by the authority and the Superintendency of Banks (SIB) involving mergers, acquisitions, banking operations and public deposits, while Santiago Peña met with sector representatives, including Juan José Galeano and leaders of the Association of Banks of Paraguay (Asoban), who advocated transparency and the technical autonomy of regulators and highlighted the system’s strength after investment-grade status was obtained.