The Treaty of Itaipu was signed on April 26, 1973, in Brasília with the aim of harnessing the water resources of the Paraná River for the production of electricity.

The National Constitution of the Republic of Paraguay, enacted on June 20, 1992, represents a milestone in the transition to democracy following decades of authoritarian rule. However, when it comes to fiscal governance, it is notably silent on the matter, a fact that has shaped the country’s economic trajectory.

As a Paraguayan living abroad who is passionate about our beautiful homeland and has closely followed the evolution of our public finances, I view the debate that has emerged in recent days with concern.

To conclude the series on energy published every Sunday in the pages of La Tribuna, we present an interview with César Addario Soljancic. Throughout his articles, the Paraguayan economist has provided a technical and strategic analysis of Paraguay’s energy future, its limitations, and its opportunities.

In the coming years, our country has the opportunity to transition from being a net energy exporter to becoming the true hub of energy integration in the Southern Cone. This is not just a rhetorical dream: it is a concrete strategy, backed by infrastructure projects that have already been put out to tender, works currently underway, and projects in an advanced stage of development.