"Within the Latin American context, Paraguay is distinguished as a serious, prudent, and responsible nation."
In an interview with Marketdata, Mauricio Cardenas, former Minister of Finance of Colombia, analyzed Paraguay's economic landscape, emphasizing its recent successes in managing inflation, implementing responsible fiscal policies, and achieving sustained economic growth, positioning the country as a model in Latin America.
Cardenas praised Paraguay's debt management and the Central Bank's policies but cautioned against the dangers of fiscal populism. He also discussed international opportunities, including strengthening ties with the United States and advancing toward OECD membership, highlighting these steps as crucial for sustaining future growth. (Source: Marketdata)