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With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
The World Bank Group works in every major area of development. We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face.
We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress.
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 Vice President
World Bank Director for Argentina, Paraguay and Uruguay
World Bank Representative in Paraguay