Economics

South America’s Growth Champion Is Set to Rebound After Recession

Economy to grow close to 4% potential rate: central bank chief
Brazil growth, outlook “auspicious” for Paraguay: Cantero

Asuncion, Paraguay.
Photographer: Franck Fife/AFP via Getty Images

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By Ken Parks

January 13, 2020 at 5:49 PM UTC

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Paraguay is set to retake its position among the fastest-growing South American economies in 2020, as central bank Chairman Jose Cantero estimates monetary stimulus and public investment will allow it to expand the most in three years.