How the guaraní became Paraguay’s currency—and kept its name
Created by the 1943 monetary reform and circulated from 1944, the guaraní replaced the peso fuerte, unified issuance and became one of South America’s longest-continuing currency units.
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Paraguay's Banks Warn That Investment Grade Requires Fiscal and Pension Reforms
Paraguay's banks warn that the recently achieved investment grade requires fiscal and pension reforms, along with strong institutions and regulation aligned with international standards, to ensure macroeconomic stability and competitiveness in the financial sector.
US Company Begins Titanium Prospecting in Paraguay with Promising Results
US company Uranium Energy Corp. has begun titanium prospecting in Paraguay's Alto Paraná department, with results considered promising by the US Embassy Chargé d'Affaires.
Paraguay to Review Public Budget and Seek Loan to Pay Health Sector Debts
Paraguay's Ministry of Economy will begin a comprehensive review of the public budget and seek a loan to settle accumulated debts with Health Ministry suppliers.
Paraguay attracts US$10 billion in FDI since 2008 with focus on services and industry
Paraguay accumulated US$10 billion in foreign direct investment between 2008 and 2024, with emphasis on non-financial services, manufacturing, and the financial sector, according to a study by the Central Bank of Paraguay and the Latin American Reserve Fund (FLAR) that points to macroeconomic stability and investment grade as attraction factors.
Paraguay No Longer the Cheapest Country in South America in 2026
In 2026, Paraguay ceased to be the cheapest country in South America, rising to third place in the cost of living index, while also being highlighted as the second-best destination to settle in the region, as Buenos Aires records disparities in the real estate market between new and used properties.
Paraguayan beer sector generates 30,000 jobs and holds 80% of local market
The Paraguayan beer industry, which generates about 30,000 jobs and holds 80% of the local market, was highlighted for its economic weight and dynamism by the Paraguayan Chamber of Alcoholic Beverages during International Beer Day celebrations.
Paraguay's agricultural machinery imports grow 29.5% in first half of 2026
Paraguay's agricultural machinery imports grew 29.5% in the first half of 2026, driven by a historic soybean harvest and the appreciation of the guaraní, with tractors and sprayers leading purchases while combine harvesters registered a decline.
San Pedro to Have First Export Slaughterhouse in General Resquín
The Paraguayan government and businessman Henrique Junqueira announced the construction of the first export slaughterhouse in the San Pedro department, in the General Resquín district, with an investment of millions of dollars.
Dollar Credit in Paraguay Grows 22.47% in First Half of 2026
The Central Bank of Paraguay reported that dollar credit grew 22.47% in the first half of 2026, reaching $13.7 billion, with services, construction, and housing sectors leading the expansion, while local currency credit advanced 3.77%.
Peña Government Prepares Bill to Raise Deficit Cap and Pay US$1.27 Billion in Legacy Debt
The Peña government is preparing a temporary increase in the deficit cap while paying US$1.27 billion in quantified legacy debts and planning a return to the 1.5% of GDP limit in 2028.
ANDE Studies New Tariff Scheme for Industries and Residences in Paraguay
ANDE is conducting studies to define a new technical, unique, and transparent tariff scheme for both industries, based on voltage level, and residences, aiming for the company's financial sustainability.
President enacts investment agreement between Paraguay and Japan
President Santiago Peña enacted the law that approves the bilateral agreement with Japan to promote and protect reciprocal investments, establishing rules for legal security and dispute resolution.
Electronic signatures in Paraguay: validity, costs and how to obtain one
Paraguay distinguishes qualified and non-qualified electronic signatures: the first is equivalent to a handwritten signature, while procedures, costs, uses and security duties vary by certificate and user.
$280 million hidden debt raises fiscal deficit after Peña meeting with former ministers
President Santiago Peña and Economy Minister Óscar Lovera met with former ministers, who warned that recognizing a $280 million hidden debt with health sector suppliers will push the fiscal deficit close to 4% of GDP, missing the 1.5% target set for 2028.
Caaguazú Tomato Farmers Sell at a Loss, Blame Smuggling
Tomato farmers in Caaguazú are selling at a loss, dispute official production data, and blame smuggling for the crisis threatening their livelihood.
Paraguay records second consecutive month of deflation with drops in food and fuel
Paraguay recorded its second consecutive monthly deflation in July, with a 0.1% drop in the CPI driven mainly by lower food and fuel prices, while the annual inflation rate fell to its lowest level in several years.
Paraguay's Beef Exports Fall in Volume but Rise in Value in 2026
Paraguay's beef exports fell 24.6% in volume in the first seven months of 2026, but the total value declined only 9% due to an increase of more than 20% in the average price per kilogram.
IPS seeks to recover $711 million from companies and proposes trust to settle debts
Paraguay's Social Security Institute seeks to recover $711 million from private companies and proposes a trust as a solution, while facing budget pressure in healthcare, with most medication funds consumed by oncology drugs.
Paraguay's labor market grows, but informality hits 61.6% of non-agricultural workers
Paraguay's labor market expanded in the second quarter of 2026, but informality reached 61.6% of the non-agricultural employed population, with 1.75 million workers lacking social protection.
Conacyt President Warns of AI Risks in Paraguayan Engineering
The president of Paraguay's National Council of Science and Technology (Conacyt), Benjamín Barán, stated that artificial intelligence is already transforming engineering in the country with practical applications, but warned that its risks, such as generating false information, require critical human supervision.
Paraguay promotes contact center sector and congress to consolidate service hub
The Paraguayan government and the APCC highlight the contact center sector, vital for generating youth employment and exporting services, and promote an international congress in September to consolidate the country as a hub for the sector.
Paraguay seeks to attract $2 billion in mining investments with new code
The Paraguayan government and industry associations have established a technical agenda to modernize mining with a new code, aiming to attract over $2 billion in investments, despite private sector criticism over a lack of dialogue in the process.
Soybean processing grows 12% in first half, boosting Paraguay's exports
Paraguay's soybean industry recorded a 12% growth in processing in the first half of 2026, boosting exports of derivatives and the revenue generated by the value chain.