AGP Executive Report
Last update: 7 hours agoDepositor Reimbursements: Paraguay’s government says it has partially repaid nearly 95% of eligible Ueno Bank depositors, with more than $330 million distributed to about 1.7 million people. Final payments are due Wednesday, but pension funds and other public resources remain a concern. Ueno Fallout: Authorities have asked the United States, Luxembourg and Argentina to help trace assets linked to the bank’s collapse. A central bank leadership shake-up and teachers’ strike over pension protections highlight the wider risks to financial oversight and public funds. Major Investment: Paracel’s planned $5 billion eucalyptus and pulp project—touted as Paraguay’s largest private investment—faces scrutiny from Indigenous residents over plantations near their homes and crops.
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