ANR to seek loan for municipal election campaign

Paraguay's National Republican Association (ANR), also known as the Colorado Party, is set to convene its Governing Board on August 12. The primary agenda item is the approval of a bank loan to fund their campaign for the upcoming municipal elections scheduled for October 4. This financial strategy mirrors their approach in the 2023 general elections, where the party secured a significant bank loan. Official documents reveal that the ANR is requesting a line of credit from local banks to cover campaign expenses. The party's treasurer, Miguel Tadeo Rojas, who also serves as the Minister of Social Development, will present the financial report. The municipal elections will see the selection of mayors and council members across 263 districts for the 2026-2031 term. In the 2023 general elections, the ANR reported total expenditures of over 33.3 billion Paraguayan guaranis, encompassing both candidate and institutional costs. While candidates registered expenses of approximately 7 billion guaranis, the party's institutional budget allocated for the election was around 30 billion guaranis, with actual spending reaching nearly 27.8 billion guaranis. These funds were supplemented by donations from party members and a substantial bank loan exceeding 16.9 billion guaranis.