World Bank President Highlights Investment and Growth Opportunities in South America

During a landmark visit to the Central Bank, World Bank Group President Ajay Banga emphasized the vital role of private sector investment in driving economic growth and job creation. Speaking to an audience of over 500 business leaders, policymakers, and students, Banga outlined key strategies to strengthen investment, including regulatory stability, infrastructure development, and financial security.

He highlighted Paraguay’s strong macroeconomic foundations and its potential to become a key player on the global stage. Discussions also focused on streamlining project approvals, fostering financial inclusion, and supporting initiatives such as hydroelectric development to fuel long-term prosperity. The visit marks a significant step in enhancing collaboration between the World Bank and the region, reinforcing efforts to boost private investment and create sustainable economic opportunities. Source: MarketData