What are the latest news in Paraguay? August 31st, 2026
Economy and International Trade
- U.S. Beef Tariff Waiver: Paraguay and Brazil have emerged as primary beneficiaries of a temporary U.S. tariff waiver on up to 300,000 tonnes of lean beef trimmings, providing a boost to Paraguayan livestock exporters. MercoPress———
- Export Diversification: Official trade figures reported that 75 domestic products expanded into 43 new international markets during the first seven months of 2026. -The Asunción Times——–
- IMF Article IV Consultation: The International Monetary Fund (IMF) concluded its 2026 review, projecting economic growth of 4.4% for 2026 alongside a strong appreciation of the Paraguayan Guaranà and low inflation.- International Monetary Fund———
- Mercosur Dynamics: President Santiago Peña stated that bilateral political differences between Argentina and Brazil have not hindered the operations or objectives of the Mercosur trading bloc. -MercoPress——–
- Regional Security Initiatives: Following the recent Mercosur summit, member states continue discussions on establishing a coordinated regional security framework targeting cross-border organized crime.- MercoPress———
- Asunción–San Lorenzo Traffic Plan: The Ministry of Public Works and Communications (MOPC) initiated a major traffic diversion plan along Avelino MartÃnez Avenue starting August 31, 2026, to accommodate new storm drainage installations and concrete paving. -The Asunción Times——–