As part of the cooperation between Paraguay and the Development Bank of Latin America (CAF), support of up to US$1.5 billion is planned for the next five years. Non-reimbursable technical cooperation is also planned in areas such as combating money laundering, public management of MSMEs and their formalization, among others.

The authorities have defined the main projects where efforts and investments will be concentrated, which will be in the transportation, energy, water and sanitation sectors. Likewise, progress will continue to be made in the social agenda, improving productivity, competitiveness and economic diversification in the country.

This alliance translates into significant support for large-scale projects, such as the reconstruction of the Transchaco Highway and the strengthening of the country's energy system.

Source: Paraguayan Information Agency