AGP Executive Report
Last update: 3 hours agoParaguay Budget Watch: Paraguay’s Economy Minister Oscar Lovera submitted a proposed 2027 General National Budget to Congress totaling ₲166.3 trillion (about US$27.7bn), up 11.5% from 2026, with major allocations for health (₲18.2tn), education (₲10.4tn), social programs for vulnerable children (₲65bn), and funding for medicines procurement. Beef Trade Push: Paraguay’s ambassador to Israel, Alejandro Rubin Cymerman, says Paraguayan beef exports to Israel hit $220m in 2025 and could reach around $300m in 2026, after efforts to make origin visible to retailers; he also points to broader cooperation in water, innovation, defense and technology. EU Trade Pressure on Region: The EU will suspend imports of Brazilian meat and other animal products from Thursday over insufficient guarantees on animal health rules and antibiotic misuse tracking, with poultry possibly resuming sooner than beef. Security & Cybercrime: A Brazilian-focused fraud campaign dubbed BREEZE COMET reportedly breached payment and banking systems to execute hundreds of fraudulent transactions, targeting banks, fintechs and payment processors. Climate Risk: El Niño has entered a critical phase with over 90% probability of very strong intensity, raising concerns for food security, hydroelectric generation and public health across the region. Sports & Business Spotlight: Paraguay’s Senate approved a bill establishing an Evangelical Church Day on the last Sunday of October, not a public holiday.
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