AGP Executive Report
Last update: 4 hours agoFinancial Crisis: Paraguay’s Ueno Bank collapse has frozen access to funds for nearly 3 million customers and triggered the removal and detention of former President Santiago Peña. Prosecutors allege irregularities involving public and pension deposits; the case has put banking oversight and depositor recovery in focus. Currency Pressure: The guaraní fell more than 8% against the dollar in five days as the bank failure and political turmoil rattled markets, adding uncertainty for businesses and investors. Agribusiness: Poultry export revenue rose 76% in the first 10 months of 2026, a strong result for one of Paraguay’s key export industries. Infrastructure: Construction has begun on a major Asunción hospital planned for nearly two decades. The 38,000-square-metre facility is designed for 250 beds and 11 operating theatres.
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