Published On Apr 18, 2024
Paraguay is a landlocked, middle-income country close to reaching investment grade after two decades of robust economic policies that have enabled it to withstand increasingly frequent and intense climate shocks. This transformation began under Fund-supported programs following the country's last economic crisis in 2002-03. The issuance of local currency bonds in international markets for the first time in 2024 marks a milestone that recognizes Paraguay’s solid macroeconomic record. In addition to showcasing the country’s macroeconomic achievements, this event will discuss Paraguay’s future agenda, which aims to become a predictable, profitable, and green investment destination. This will be achieved by leveraging its natural resources, a fully renewable electricity matrix, and the support of a recently approved RSF. https://www.imfconnect.org/content/im...