INSUBCONTINENT EXCLUSIVE:
year.The forecasts for 2024 and 2025 are also promising, with an anticipated growth rate of 4.3 percent.This growth projection places
Paraguay, a landlocked nation in South America, at the forefront of economic growth in the Southern Cone region, significantly outpacing the
regional average growth of roughly 1.5 percent this year.In contrast, neighboring countries exhibit more modest forecasts.Paraguay poised
for highest economic growth in South America
predicted to hover around 2 percent.However, these promising forecasts are not without risks
Potential obstacles include possible depreciation of Latin American and Caribbean currencies against those of advanced economies, a scenario
weakening could affect metal prices, especially copper and iron ore, thereby posing a threat to economies such as Brazil, Chile, and
Paraguay, GDP growth Paraguay
