The World Bank Group has approved US$150 million in financing for Paraguay to enhance the business environment, boost private investment, and promote job creation. The Development Policy Loan will focus on implementing reforms to reduce barriers for business entry and growth while promoting public-private partnerships to support long-term development.
The initiative aims to help micro, small, and medium-sized enterprises address key challenges, improve competition law enforcement, and strengthen Paraguay’s capacity to attract both domestic and foreign investment. Particular emphasis will be placed on infrastructure and sustainable projects to drive inclusive and resilient economic growth.
World Bank officials highlighted that these reforms will contribute to building a stronger, more diversified economy that creates more and better jobs, benefiting people across the country. The financing is structured as a variable spread loan with a 17.5-year term, including a 3-year grace period.
