The Identification Department of the National Police announced an ambitious plan to streamline the procedures for issuing ID cards and passports, with the aim that documents can be delivered within a maximum period of two hours. According to intervenor Rubén González, the project will become operational starting next month, marking an important advance in the modernization of public service. For his...
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...
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,...
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...
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