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The Paraguayan government has created a working group led by Deputy Minister of Industry Javier Viveros, with representatives from various financial and government institutions, to streamline the process of opening bank accounts by foreign investors following complaints about excessive bureaucracy, with a 60-day deadline to present a concrete proposal.
javier-viverososcar-loveraÓscar Lovera, Minister of Economy and Finance, confirmed a payment of US$80 million to pharmaceutical suppliers as part of a plan to reduce a total debt of about US$1 billion. He also announced a new Treasury-backed factoring mechanism with the Central Bank of Paraguay that will allow suppliers to assign receivables to banks and receive immediate liquidity, with payment terms extended up to 36 months.
oscar-loveramopcThe government of Paraguay published Decree No. 6120, signed by President Santiago Peña and Minister of Economy and Finance Óscar Lovera, establishing austerity measures to optimize, prioritize, and efficiently manage public spending in the 2026 National Budget, prioritizing expenditures on health, education, security, and social programs, while imposing restrictions on operational spending and non-essential procurement.
santiago-penaoscar-loveraEconomy Minister Óscar Lovera announced that the MEF expects to carry out five more sovereign debt issues this year, after already raising US$ 110 million in April. He warned that dollar maturities in the second half will pressure Treasury accounts, adding to the exchange-rate impact on tax revenue.
oscar-loveramefParaguay's Minister of Economy, Óscar Lovera, stated that a slowdown in tax revenues since October 2025 has caused delays in payments to suppliers for the Ministries of Public Works and Health. He attributed the crisis to the appreciation of the guarani against the dollar and external factors, but assured that structural spending has not been affected and that revenues have been recovering since March.
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