Behind the record-breaking figures for reserves and macroeconomic stability, thousands of families are hoping that the export boom will transform their daily lives. Promoting technical training and streamlining access to local credit will ensure that the benefits of the export boom reach citizens’ pockets.

This editorial published by the newspaper not only acknowledges the months of work on the issue of “constitutional safeguards for fiscal stability,” but also places a key idea at the center of the regional debate: clear and permanent rules are the best antidote to populist spending.

Fiscal stability safeguards the economy, but it is not enough. In this third installment of our series, we analyze how low public investment slows the growth multiplier and prevents fiscal soundness from translating into formal employment.

Lower-income households in Paraguay are not feeling the relief from the low overall inflation rate of 2.7% because the BCP’s macroeconomic figures mask the reality faced by vulnerable families. Low-income families spend between 55% and 65% of their income on basic necessities with very inelastic prices. While overall inflation is falling, the food and beverage subindex is adjusting much more slowly.

The Bioceanic Corridor is much more than just a highway. It is a historic opportunity for our country. This stretch of more than 3,200 kilometers, which will connect Brazil’s Atlantic ports with Chile’s Pacific ports, runs right through the heart of our nation’s Chaco region via Route PY15, said economic analyst César Addario.