AGP Executive Report
Last update: 11 hours agoBanking Crisis: Paraguay’s central bank placed Ueno Bank into resolution after its solvency ratio fell below half the legal minimum, leaving about 3 million customers and more than US$800 million in public funds exposed. Central bank chief Carlos Carvallo resigned at President Santiago Peña’s request as prosecutors sought a criminal investigation into the bank’s oversight and political ties. Infrastructure Investment: Paraguay needs US$15.18 billion by 2030 to address gaps in transport, water and sanitation, electricity and telecommunications, according to the IDB; transport alone requires US$6.17 billion. Investment and Migration: Residency applications hit a record 49,538 in the first nine months of 2026, surpassing all of 2025. Separately, IFC-backed financing will help agribusiness Agrofértil expand farm lending and agricultural technology. Mining: Uranium One has begun exploration at its Yuty project in southeastern Paraguay, assessing historical data and uranium indications. Trade: The Mercosur-Singapore free-trade agreement is now in force with all four founding bloc members, including Paraguay, and provides for tariff reductions on about 96% of products over up to 15 years.
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