“Paraguay will be the next star country in Latin America”

Marcelo Giugale, professor of international economics at Georgetown University and former senior World Bank official, predicted that “Paraguay will be the next star country in Latin America.” Watch the video where the strengths of our country are highlighted. “Paraguay will be the next star country in Latin America,” said economist Marcelo Giugale, who highlighted Paraguay as the potential investment market for this year. It was during the “Oppenheimer presents” program on CNN. “When do investors…

Historical Export: Paraguay exports Stud sheep to Uruguay

The sheep sector closes the year with an unprecedented achievement for the country: the export of live stud sheep to the demanding Uruguayan market. The establishments involved in the shipment are Granja San Bernardino, Py’aguapyrenda Cabin and Genetic Centre, and La Mocha Cabin, which sent 27 specimens of the Santa Inés and Dorper breeds to the aforementioned destination. The animals were acquired by Federico Burgueño and Mauricio Nicoletti, leading sheep breeders in Uruguay. This is a historical and…

The United States made official the opening of the market for Paraguayan meat

After a long wait, the country obtained the authorization of the US market for Paraguayan meat. This achievement represents not only a milestone that will positively impact the country’s economy but also projects that the product is of quality and competitive in the international market. President Peña said, “the United States reopens the market to Paraguayan meat after 25 years.” At the same time as highlighting that it is an important fact for the country’s meat sector, it occurs after surpassing…

Fitch maintained Paraguay’s credit rating and raised its investment grade rating.

Fitch Ratings issued the evaluation report in which it confirmed Paraguay’s BB+ rating and its stable outlook. Significantly, It also raised its investment grade. “Great news!. Fitch reaffirmed the sovereign rating and upgraded PGY’s country ceiling. This allows companies in Paraguay with outstanding performance to qualify for INVESTMENT GRADE. We continue working to improve the country’s economy,” highlighted the Minister of Economy, Carlos Fernández Valdovinos. The factors exposed…

World Bank places Paraguay with the highest growth in the region

In its latest Growth Outlook report for Latin America and the Caribbean (LAC), available since October 4, the World Bank (WB) maintained its estimate from the previous quarter for Paraguay, with a forecast that it will grow by 4. 8% by the end of 2023. The report has a cut-off date of September 22, and the score maintained compared to the previous information stands out, when the organization cut the growth projection for Paraguay from 5.2% to 4.8% for this year. While the expansion for 2024 showed a forecast…

Thanks to new technology, they now harvest wheat in an unthinkable location, in Alto Chaco, in Paraguay

Just a few ays ago, the wheat harvest was completed on a test plot in the upper Paraguayan Chaco, in the Infante Rivarola area. It is a fact that was unthinkable only a few years ago, but that today is a prodigious reality achieved thanks to work, science and technology, as highlighted by the president of the Union of Production Guilds (UGP), Eng. Agr. Hector Cristaldo. The Paraguayan Chaco registers the full stage of agricultural expansion and in this process, the incorporation of winter crops with adaptation…

Discover the charm of Paraguay for investors, a land full of promise

What country! Paraguay closed one more edition of the largest national agricultural exhibition and the first of the regional circuit. An exhibition with historical inscriptions, with tracks that compete in the big leagues, with children of World Champions, with record sales and purchases from abroad, and with the necessary maturity to discuss structural issues of the cattle business that aim to continue positioning Paraguay as a food producer for all continents, and years ago called the new agricultural frontier.…

The Chaco Region in Paraguay received US$148 million of investment in the past five years (and in 2022, it exported US$900 million)

Chaco is experiencing an acceleration in the increase in investments, especially in recent years, and the execution of infrastructure works is one of the pillars on which the region’s growth will be based. How much capital has been injected into the region in the last five years, and what is needed to turn the Western part of Paraguay into a pole of industrial development? Numbers are the best way to measure the development of an activity or area. And official data shows that in the Chaco, a territory…

The volume of real estate in Buenos Aires has not managed to exceed 3000 monthly operations. Here are the reasons why

In April, 4.3% fewer operations were registered than in March. The numbers did not take off as expected. What is the main reason attributed to the sector? What about prices? The real estate market fails to rebound. In April, 2,750 purchase-sale operations were registered, 4.3% less than in March. And just above the numbers for 2022. According to data from the City Notaries Association, the total number of real estate purchase and sale deeds registered a 7.2% increase in the fourth month of 2023 compared to…

Paraguays prosperity continues to advance

The ranking of prosperity produced by the Legatum Institute, based in London (United Kingdom), ranks Paraguay 79th in its 2019 edition, with a four-place advance since 2018 and ten steps since 2009. Indicators show that Paraguay is showing a similar advance to those experienced by China and Russia, in the list that assesses the economic and social conditions of 167 countries around the world. According to the work, in South America, Paraguay ranks 7th and is surpassed only by Ecuador in improving its global…

Paraguay’s economy will have the highest growth in the region in 2019

According to the Central Bank of Paraguay, the country will have an expansion of 4% of the gross domestic product and inflation of 4% for 2019 The Central Bank of Paraguay (BCP) announced the prospects for the Paraguayan economy, projecting a 4% expansion of gross domestic product and 4% inflation for 2019. This level of expansion achieves to keep Paraguay among the fastest growing in the region, only behind Bolivia and Peru. The president of BCP, José Cantero, explained that this expansion will be based mainly…

Paraguay is among the best countries to do business in 2019 in the region?

According to Forbes, since 2014, Paraguay’s economy grew at an average rate of 4%, due to strong production and high global prices, while other countries in the region have contracted Chile and Uruguay are still the best countries in South America to do business in 2019, according to a ranking published by the US magazine Forbes. While Paraguay is ranked 5 among the best, according to the table. Thus, over a total of 161 countries analyzed by Forbes on the business possibilities in 2019, Uruguay ranks…

Fitch: Paraguay, only one step away from reaching Investment grade

The Fitch Investment Grading company improved Paraguay’s credit rating so it is now positioned only one category below investment grade. For financial analysts, this consolidates Paraguay’s international image in the investor world. The new rating of Fitch ratings, which was announced yesterday, is Paraguay in “BB +”. In 2017, Moody’s already ranked our country in the same category as its scale, while following two of the investment grades in the latest Standard & Poor’s…
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