The strong appreciation of the guarani against the dollar, with the exchange rate near G. 6,000, is reducing the tax base on imports and pressuring revenue for the National Directorate of Tax Revenues (DNIT). Director Óscar Orué states that although import volume grew 5.2% in dollars through April, the 20.5% depreciation of the US currency caused the taxable base in guarani to fall 16.2%, mainly affecting the customs component. DNIT maintains its revenue projection for 2026, betting on strengthened oversight and better performance of internal taxes to offset losses.
IVA a la importación
Impuesto al valor agregado aplicado a mercaderías importadas en Paraguay.
Economist Arnold Benítez says the sharp drop in the dollar pressures revenue and the 2026 budget, while delays in payments to suppliers create a chain of problems that make the state itself more expensive. He advocates prioritizing spending quality and using mechanisms such as factoring to regularize the debt.