Paraguay's Economic Outlook Amidst Policy Changes
Paraguay's government policy shifts are shaping the nation's economic landscape. The international business community is keeping a close watch on the developments.
Over the past few years, Paraguay's government has been making policy decisions that could significantly affect the nation's business and economic environment. These shifts have attracted international attention, particularly from businesses interested in the Mercosur region. Most notably, the government has focused on diversifying the economy, traditionally reliant on agriculture, towards manufacturing and services sectors. The government's pursuit of foreign direct investment (FDI) has been a key part of this strategy. In this regard, tax incentives and regulatory reforms have been introduc...