Economy

Paraguay will be the second fastest growing economy in Latin America, according to the World Bank

The World Bank projects that Paraguay will rank as the second fastest growing economy in Latin America over the next three years, reaffirming its position as one of the most dynamic and resilient economies in the region. The report highlights macroeconomic stability, the strengthening of the productive sector and sustained investment policies as pillars of the country's positive performance. These...

Paraguay ranks among the most competitive tax systems in Latin America

The quality of tax systems continues to be a determining factor for attracting investments and sustainable economic growth in Latin America. According to the Comprehensive Tax Index of the Adam Smith Center for Economic Freedom, Paraguay, together with Panama and Costa Rica, leads the regional ranking, standing out for having more efficient, simple and competitive fiscal structures. In contrast,...

The Paraguayan Chaco is emerging as a key energy corridor between Argentina and Brazil

The Paraguayan Chaco could become a strategic corridor for the natural gas transportation between Argentina and Brazil, positioning the country as a central energy hub in the Southern Cone. Beyond the energy impact, this project represents a significant economic development opportunity for the Chaco region, generating revenue from transit fees, new investments, local employment and greater regional...

JP Morgan highlights Paraguay as one of the most attractive destinations to invest in the region

In a global context marked by economic uncertainty, Paraguay continues to distinguish itself by its macroeconomic solidity, fiscal discipline and institutional stability, factors that consolidate the confidence of international markets. According to rating agency JP Morgan, the country is among the most attractive investment destinations in Latin America, backed by a predictable financial environment...

Paraguay advances in clean energy with a USD 150 million investment for a biofuels plant in Canindeyú

An agreement signed between the Paraguayan company Enersur S.A. and the Indian firm Praj Industries will allow an investment of USD 150 million for the installation of a biofuels plant in the department of Canindeyú. The project is part of a joint strategy to boost renewable energy production, generate local employment and promote sustainable industrialization in the interior of the country. With...