Tags WEF

Tag: WEF

Presidential Palace in Asunción

Improving the investment climate

Under the country’s previous administration, foreign direct investment (FDI) fell by 60%. The new government’s policies have built up confidence and turned the situation around. In just three years, the country has increased FDI levels by 25% to hit 1.5 billion dollars, according to BCP. Indeed, investors have every reason to be upbeat: CEPAL states that the average return on investment in Paraguay in recent years has been 22%, with even higher returns seen in sectors such as finance and real estate. The country has reformed its income tax system and introduced a programme of public-private partnerships to promote FDI.