Low taxation is highlighted as a key incentive for competitiveness and investment attraction - .::Agencia IP::.

Javier Giménez, Minister of Industry and Commerce (MIC), highlighted the increase in investments under special regimes and the importance of maintaining a tax system that fosters competitiveness and attracts investments to the country.

Javier Giménez, Minister of Industry and Commerce. Photo credits: MIC.

Asunción, Agencia IP.- Javier Giménez, Minister of Industry and Commerce (MIC), highlighted the increase in investments under special regimes and the importance of maintaining a tax system that fosters competitiveness and attracts investments to the country.

One of the most attractive incentives for entrepreneurs when injecting their capital into the country is low taxes, which, combined with stable macroeconomics, make Paraguay a safe territory for foreign capital.

On this point, the Minister of Industry and Commerce (MIC), Javier Giménez, spoke in an interview with a local media outlet, where he stated that «the country is on a path from which it should not deviate,» highlighting Paraguay’s competitiveness in the region.