PARAGUAY | Infrastructure: Finance minister interview

Jul 1, 2014

Debt for a purpose

Germán Rojas, Paraguay’s 55-year-old finance minister, is one the most experienced policymakers in President Horacio Cartes’ administration. He is a former central bank governor, and also served as vice president of the private-sector lender Sudameris. He spoke to LatinFinance from his office in downtown Asunción.

LF: What are the prospects for the Paraguayan economy?

GR: We are in a comfortable position. The perspective that we see is positive. Why? Because of the way Paraguay has behaved over the past 10 years.

History tells us that this is a very healthy economy in terms of the many results that you can see in many indicators: the fundamentals of the Paraguayan economy.

You will only see positive signs of development in these past 10 years, and a lot of opportunities, not only from the public sector but also from private initiatives, which are most welcome here, mostly in terms of creating...

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