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Most of Paraguay’s public debt is in foreign currency, about 87%

The issuance of bonds in the foreign market is the instrument with the highest incidence over the total of those used.

One of Paraguay’s primary sources of financing is indebtedness, either through loans or bond issues.

The resources are used to cover current expenditures and public investment.

As of June, Paraguay's public sector debt amounted to US$14.45 billion, 87% of which is in foreign currency.
As of June, Paraguay’s public sector debt amounted to US$14.45 billion, 87% of which is in foreign currency. (Photo: internet reproduction)

As of June, Paraguay’s public sector debt amounted to US$14.45 billion, 87% of which is in foreign currency.

The issuance of bonds in the foreign market is positioned as the instrument with the highest incidence over the total of those used, with a participation of 42.01%.

With information from La República

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