AGP Executive Report
Last update: 10 hours agoBanking: Paraguay’s central bank placed Ueno Bank into resolution after finding its solvency ratio had fallen below half the legal minimum. The lender has about 3 million customers and manages up to US$850 million in public funds, including US$380 million from state pension and health fund IPS. Customers reported being unable to access accounts, while Central Bank President Carlos Carvallo submitted his resignation but said he would stay through the process. Infrastructure: Paraguay needs US$15.18 billion in investment by 2030 to address gaps in transport, water and sanitation, electricity, and telecommunications, an IDB report says. Transport accounts for the largest share at US$6.17 billion. Investment Climate: Residency applications reached a record 49,538 from January to September, already exceeding the full-year 2025 total; Brazilians led the demand. Trade: The Mercosur-Singapore trade pact is now in force with all four founding members, including Paraguay. It provides for tariff cuts on about 96% of products over up to 15 years and covers investment, services, digital trade, and procurement. Agriculture Finance: IFC is backing Agrofértil to expand farm financing and agricultural technology in Paraguay.
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