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Ueno Bank Accelerates Capture of Public Dollars Amid Currency Drop, MEF Spreadsheets Show

Official spreadsheets from the Ministry of Economy and Finance (MEF) reveal that Ueno Bank, linked to former partners of President Santiago Peña, increased its state deposits in foreign currency by more than US$102 million between December 2025 and April 2026, taking advantage of the dollar's depreciation on the local market. The funds include resources from the Social Security Institute (IPS).

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Peña Promises Cancer Care in Paraguay Comparable to São Paulo During Inauguration in Caazapá

President Santiago Peña inaugurated the Hospital Día Oncológico in Caazapá and stated that the government is working to offer quality cancer treatment in the country, comparable to what is available in São Paulo. He highlighted a more than threefold increase in the Incan budget and the construction of a new hospital in Itauguá that will be a reference in South America.

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Retirees ask Peña to replace IPS advisor: 'Fretes cannot sleep with the enemy'

Associations 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.

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House Budget Committee approves favorable opinion on commuter rail; project is absolute priority for Peña

The Budget Committee of Paraguay's Chamber of Deputies issued a favorable opinion on the bill enabling the commuter rail, through a government-to-government (G2G) agreement. The initiative, already approved in the Senate, is considered an absolute priority by President Santiago Peña, according to the President of the Chamber, Raúl Latorre. The plan includes an initial 18 km phase to Luque and future expansion to Ypacaraí, with capacity to transport more than 40,000 people per day.

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Paraguay’s Lower House Approves Request for Information on Alleged Dirty Campaign Network Linked to Peña Government

Paraguay’s Chamber of Deputies approved a request for information from the Ministry of Information and Communication Technologies (MITIC) regarding the alleged involvement of the Santiago Peña administration in a dirty campaign network on social media. The request seeks to clarify whether Juan Roberto "Jimmy" Villaverde, whom the president has denied any connection to, held official credentials and whether public funds were used for payments, including through binational entities such as Itaipú and Yacyretá.

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