Key View

• At Fitch Solutions, we expect Paraguay will run a budget deficit at or near its statutory 1.5% of GDP limit in 2019 and 2020.
• While we expect President Mario Abdo Benítez’s administration will respect the country’s Fiscal Responsibility Law, spending priorities will remain a major source of tension between the administration and the

Key View: 

• Privately-funded infrastructure projects are set to remain a key component of infrastructure policy in Paraguay under the current government.
• The tender of new PPP and turnkey projects by Paraguay’s government will provide substantial opportunities for infrastructure developers.
• That said, we highlight challenges to the success of