Abdo Benítez assures that Paraguay will be the fastest growing economy in the region

Mario Abdo Benítez, Paraguay’s outgoing President, announced that the nation’s economy is expected to be the fastest-growing in the region in 2023.

According to forecasts by the Central Bank of Paraguay, the economy will expand by 4.5%.

The statement was made at a ceremony marking the inauguration of a new highway in Itacurubí de la Cordillera, located 88 kilometers east of Asunción.

In his remarks, the President also highlighted a 6.4% growth in economic activity until May of this year.

He acknowledged the significant challenges faced due to the global health crisis, reflecting on his administration as a period of considerable difficulty.

As he concludes his tenure, Benítez expressed satisfaction with his efforts and commitment during his five-year term.

On August 15, Santiago Peña, the winner of the general elections held on April 30, will succeed Benítez as Paraguay’s President.

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