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The IPS investment portfolio reached G$ 20 trillion in March 2026, with more than half of the funds concentrated in instruments issued by local banks and financial entities.
ipsbanco-nacional-de-fomentobanco-continentalitauLease contracts for approximately 190,000 hectares belonging to IPS in the Teniente Ochoa region reveal monthly fees as low as G. 627 per hectare, with terms of up to 20 years and 24-month grace periods. An economic analyst warns of poor asset management and possible favoritism.
ipschacoIPS President Isaías Fretes reported that the institution disbursed around Gs. 46 billion over a decade on renting instruments for knee surgeries, an amount far exceeding the purchase cost. The Board of Directors session also exposed 22 families that have not paid rent on IPS properties since 2012.
ipsisaias-fretesvilla-santo-domingoParaguay's Social Security Institute (IPS) announced a contingency plan to address the medicine shortage crisis affecting its entire healthcare network. President Isaías Fretes confirmed the removal of nearly a thousand items from the formulary, sparking debate over the effectiveness of the measures.
ipsEconomist Verónica Serafini highlighted the fragmentation and low coverage of social security in Paraguay during a Cadep panel. She pointed out that only a quarter of the population contributes to the Institute of Social Welfare and that the current model excludes especially women and informal workers.
ipscadepveronica-serafiniNew IPS board member Mirtha Arias promises to combat medical supply shortages and employer evasion, but faces distrust from insured member associations questioning her independence.
ipsmirtha-ariasParaguay's Social Security Institute (IPS) operated for years with parallel accounting systems, flouting the law that requires exclusive use of the official SIAF system. The practice led to million-dollar observations by the Comptroller General's Office and contracts exceeding G. 122 billion in technology, while the new internal audit recommends eliminating the double recording.
ipsIsaías Fretes, the new president of the Social Welfare Institute (IPS), says he will prioritize emergency measures before discussing structural reforms. Critics argue the approach repeats the predecessor's mistakes and that management needs concrete actions, not just announcements.
ipsisaias-fretesAt a congress marking 35 years of democracy, economist Verónica Serafini highlighted that only 25% of the population contributes to the IPS and that the system, inspired by European models, is not adapted to Paraguay's agro-export and informal economy.
cadepveronica-serafiniipsThe Federation of Production, Industry and Commerce (Feprinco) withdrew its backing for José Emilio Argaña as the employer sector's representative on the Board of Directors of the Social Insurance Institute (IPS), citing lack of transparency and loss of representativeness. The entity's president, Enrique Duarte, stated that Argaña's continued presence is unsustainable and that the guild no longer feels represented.
feprincoipsjose-emilio-arganaenrique-duarteisaias-fretesFamily and entities delivered a note to the president of IPS to save the house of the country's first female lawyer, which is at risk of collapsing. The project aims to transform the property into a cultural and women's shelter center.
serafina-davalosipsThe president of the Social Insurance Institute (IPS), Isaías Fretes, ordered a temporary suspension of a tender for biological and immunosuppressant drugs valued at G. 376 billion. The decision was made during a Board of Directors meeting, on the grounds that the amount is excessive and requires greater transparency and evaluation by scientific societies. In contrast, the board approved the purchase of parenteral solutions for G. 17 billion, 47% below the initial estimate.
ipsisaias-fretesAssociations of retirees from the Social Security Institute (IPS) asked President Santiago Peña to replace advisor José Jara Rojas, whom they accuse of not representing the interests of policyholders. At a press conference, union leaders expressed support for IPS President Isaías Fretes and demanded a concrete sign of backing from the executive branch for his management.
ipssantiago-penaisaias-fretesjose-jara-rojasAssociations of retirees from the Social Security Institute (IPS) announced they will request the resignation of board members José Emilio Argaña and José Jara Rojas, while expressing support for the institution's president, Isaías Fretes.
ipsisaias-fretesjose-arganajose-jara-rojasThe Social Insurance Institute (IPS) announced the removal of 817 products from its formulary, a measure expected to generate significant savings and part of an effort to combat corruption within the institution, according to its president, Isaías Fretes.
ipsisaias-fretesData from the 2025 Social Security Statistical Bulletin show that at IPS, the average benefit for retirees exceeds the average salary of active contributors, while other funds, such as Cajubi and Bancária, maintain high replacement ratios but below 100%. The Ferroviária fund has the lowest rate, at only 21.7%.
ipsmtesscajubiExecutive Branch Auditor General Alberto Cabrera announced that the audit of the Social Security Institute (IPS) will be finalized by the end of August, focusing on approximately 900 properties owned by the pension agency.
ipsalberto-cabreraAníbal de los Ríos, former advisor to the Institute of Social Welfare, proposed transferring the entity's revenue collection to the National Directorate of Tax Revenue, citing greater technical capacity and criticizing the IPS's financial disorganization.
ipsdnitanibal-de-los-riosThe National Association of IPS Insured criticizes the new administration's delay in scheduling a meeting and demands a health emergency declaration. Meanwhile, the Board of Directors reveals that the pension fund cannot pay taxes on its real estate holdings due to legal gaps, accumulating debts and uninhabitable properties.
ipsCarlos Pereira, candidate for mayor of Encarnación, denounces the shortage of pediatric surgeons at the Social Welfare Institute (IPS) and in Itapúa’s public health system, forcing families to seek emergency care in Asunción.
ipsitapuaencarnacionThe Board of Directors of the Social Welfare Institute (IPS) authorized the use of the online store of the National Directorate of Public Procurement (DNCP) to acquire institutional supplies, aiming to accelerate medical stock replenishment and increase transparency.
ipsdncpThe Board of the Social Insurance Institute (IPS) approved the award of a tender for medical supplies worth G. 17 billion, well below the initially projected G. 32 billion, representing savings of over G. 15 billion.
ipsA protest poster was installed in Asunción calling for the removal of Social Security Institute (IPS) councilor José Emilio Argaña after he requested paid leave from June 8 to 22, a period that coincides with the World Cup. The action occurs amid criticism over the state of public health and the use of the agency's resources.
ipsjose-emilio-arganaAn audit by the Executive Branch found that, of approximately 100 recommendations made to internal control bodies, only 2.5% were implemented during Jorge Brítez's tenure at the Social Insurance Institute (IPS). Two accounting systems with abysmal differences in balances and a risky procedure allowing payment to medication suppliers without proof of delivery were identified.
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