Asunción, Agencia IP.- One year into President Santiago Peña’s government, Paraguay is emerging as one of the fastest-growing economies in Latin America, according to the prestigious newspaper Americas Quarterly. Under his leadership, the country has achieved a GDP growth of nearly 4%, positioning it among the most dynamic nations in the region.
The international media outlet highlights that one of the most notable achievements of Peña’s administration is the improvement in the country’s sovereign credit rating, which has been upgraded to investment grade by Moody’s. This decision is attributed to the institutional reforms and stable fiscal policies promoted by the government, as well as public investments in infrastructure, which have strengthened the national economy.
Regarding security, the article notes that President Peña has taken strong measures to combat organized crime, demonstrating his firm commitment to protecting citizens. «The successful operation in Tacumbú prison last December is a clear example of this determination, achieving a significant impact in the fight against crime,» it mentions.
On the international stage, Peña has conducted several trips abroad in his first year in office, solidifying Paraguay’s presence globally and promoting key diplomatic relations. «These efforts underscore the government’s proactive approach to strengthening the country’s position in the world and attracting investments that drive national development,» the publication states.
With a determined focus on improving the country’s economic conditions and a commitment to security, Santiago Peña’s administration continues to be «an example of leadership and vision for the future of Paraguay,» concludes the international media outlet.
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Publish date : 2024-08-14 06:00:00
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Author : theamericannews
Publish date : 2024-08-14 19:26:16
Copyright for syndicated content belongs to the linked Source.