"Governments must wait for the opportune moment to implement significant reforms during their tenure because there are political cycles," stated the Minister of Economy and Finance, Carlos Fernández, while analyzing the initial months of Santiago Peña's administration.
Asunción, Agencia IP.- «Governments must wait for the opportune moment to implement significant reforms during their tenure because there are political cycles,» stated the Minister of Economy and Finance, Carlos Fernández, while analyzing the initial months of Santiago Peña’s administration.
The significant reforms implemented involve consolidating state entities to establish the Ministry of Economy and Finance and the National Directorate of Tax Revenues.
The latest of these reforms is the creation of the Superintendence of Pensions and Retirements, sanctioned by Congress and promulgated by the Executive last week.
In an interview with Paraguay TV, the Minister of Economy also highlighted that the macro economy is robust and has recovered, with inflation below the projections of the Central Bank.
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