Thanks to its sound and predictable macroeconomic bases; solid financial system; poverty reduction and other policies, Paraguay has seen an extraordinary growth in the past few years, paving the way to economic success with social inclusion.
Sustained economic growth helped reduce poverty and promote shared prosperity. The income of the bottom 40% increased by 8% annually between 2009 and 2014. However, poverty and income inequality remain a major challenge.
The project will improve the socio-economic conditions of small-scale farmers and indigenous communities.
World Bank Director for Argentina, Paraguay and Uruguay
Resident Representative in Paraguay
Vice President of the World Bank for Latin America and the Caribbean