Asunción faces fiscal crisis with over G. 500 billion diverted from the G8 bond and poor public services
Asunción is facing a fiscal crisis following the diversion of more than G. 500 billion from the G8 bond, originally intended for stormwater drainage works, during the administration of former mayor Óscar "Nenecho" Rodríguez. Meanwhile, the current administration under Luis Bello is paying contractors with current municipal revenue, while residents endure poor public services, including potholed streets that cause accidents, inconsistent garbage collection, and chaotic traffic.
oscar-rodriguezmunicipalidad-de-asuncionalvaro-graucartismo