Paraguay sees economy growing faster than expected

Paraguay sees economy growing faster than expected

Bonds Economy & Policy Corporate & Sovereign Strategy Paraguay

One of the fastest-growing economies in South America is increasing its growth forecast for this year.Paraguay's Central Bank President Carlos Fernandez Valdovinos told LatinFinance in an interview that the country’s economy is expected to expand by 4% this year, up from a previous estimate of 3.5%.Fernandez noted how Paraguay’s economy is going against the grain in a region where many economies are either stalled or eking out meager growth. "In the region, many forecasts are going down, not up,

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