Paraguay Economy Debates
4 articles from 1 country
Paraguayan President Santiago Peña presents a positive economic outlook, touting a 'wonderland' economy. However, unions and political opponents criticize his policies, with one senator accusing Peña of acting as a subordinate to party leader Horacio Cartes. A recent 5% minimum wage hike is labeled a 'scam' by a prominent union.
Paraguay's Peña touts 'wonderland' economy, slams critics
- Paraguayan President Santiago Peña presented a rosy picture of the nation's economy during a report to his political mentor, Horacio Cartes, highlighting unprecedented growth. - Peña criticized media and economic conglomerates, accusing them of seeking division and acting undemocratically by pushing their agendas. - He asserted that the Colorado Party is the most democratic in Paraguay and is cu…
Paraguayan union calls 5% minimum wage hike a 'scam'
- Paraguay's Classist Combatant Current (CCC) union labeled the 5% minimum wage increase announced by President Santiago Peña as a "scam" and a "mockery" of workers. - The union argues the new wage is…
Paraguay's President Adjusts Minimum Wage Upward by 5%
- Paraguay's President Santiago Peña announced a 5% increase in the minimum wage. - The new minimum wage, effective July 1, will be approximately 3,044,000 guaraníes ($500). - Peña stated the increase…
Peña acts as 'little employee' of Cartes, says Paraguayan senator
- Senator Rafael Filizzola criticizes President Santiago Peña for presenting his annual accountability report to Horacio Cartes, the ruling party leader, before the National Congress. - Filizzola argu…