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Tag: paraguay economy

Paraguay's central bank raised its key interest rate to 8.50%, its highest level in 11 years. The decision surprised analysts who had expected the bank to maintain the rate. Officials unanimously raised the rate by a quarter percentage point for...
The Foreign Ministers of Ecuador, Juan Carlos Holguín, and Paraguay, Julio Arriola, signed a Memorandum of Understanding in New York (USA) to promote the "complementarity of their production chains." "Foreign Minister @juancaholguin and his Paraguayan counterpart Julio Arriola signed a...
RIO DE JANEIRO, BRAZIL - With 6 million tons less than originally estimated for the harvest, Paraguay stands to lose about US$3.5 billion this year. Losses could be even higher if there continues to be no significant rainfall. The Paraguayan Chamber...
RIO DE JANEIRO, BRAZIL - Hughes Hubbard & Reed - United States (Miami and New York) and Parquet & Asociados Abogados (Asunción) represented Paraguay's Ministry of Finance in a US$500.6 million bond issue. The country placed government bonds maturing in...
RIO DE JANEIRO, BRAZIL - The high tax burden in Brazil makes domestic products more expensive, discourages investment, and opens the door to illegality. Taxes on Brazilian goods can be up to five times the value of taxes levied...
RIO DE JANEIRO, BRAZIL - Paraguay has managed to position itself as a leader within the hemp industry worldwide. It is the most advanced country at the Latin American level and exported the most significant amount of hemp in...
RIO DE JANEIRO, BRAZIL - President Sebastián Piñera arrived Monday night (27) in the Paraguayan capital. On Tuesday, he will carry out a one-day official agenda that includes an extensive meeting with his Paraguayan counterpart, Mario Abdo Benítez. Piñera landed...
RIO DE JANEIRO, BRAZIL - To maintain its sovereign rating (BB+), Paraguay must improve its financing capabilities or allow the creation and growth of a sovereign wealth fund and deepen its capital market as a source of financing. Without these...
RIO DE JANEIRO, BRAZIL - The business climate in Latin America rose in the third quarter of this year to its best level in the last three and a half years, according to an indicator published yesterday by the...

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