Paraguay Senate Debates Funds, Debt, and Treaty
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Paraguayan senators are questioning widespread debt narratives and proposing to redirect funds from influencer campaigns to medicine purchases. The Senate is also set to resume discussions on renegotiating the Itaipú Treaty after the World Cup. Meanwhile, a former ambassador is returning to the Senate amid political debate.
Paraguayan senator doubts widespread debt, cites economic formalization
Paraguayan Senator Dionisio Amarilla is challenging the notion that the population is over-indebted, proposing instead that the increased use of credit cards signifies a formalization of the economy. He intends to formally request information from the Central Bank of Paraguay (BCP) to examine the evolution of credit card usage, interest rates, and market behavior over the last five years. Amarilla…
Senate Commission on Itaipú Treaty Renegotiation to Resume After World Cup Hiatus
The Special Commission on Binational Entities of the Paraguayan Senate is set to reconvene after months of inactivity, aiming to address the renegotiation of Annex C of the Itaipú Treaty. The announce…
Paraguay's Senate to Consider Redirecting Funds from Influencers to Medicine Purchases, Expanding Debt Payments
Paraguay's Senate is set to address the public health system's financial crisis by considering two key legislative proposals. The first initiative seeks to redirect nearly 10 billion Paraguayan guaran…
Leite returns to Senate after brief US ambassador role amid political debate
Gustavo Leite is set to retake his Senate seat this Wednesday, concluding a less-than-year-long stint as Paraguay's ambassador to the United States. His departure has sparked contrasting views within …
