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Paraguay's Finance Minister Resigns Amid Criticism of Growth

4/1/2026

Summary

Story summary

Paraguay's Minister of Economy and Finance, Carlos Fernandez, resigned at the request of President Santiago Pena, according to chief of staff Javier Gimenez.
Gimenez said the administration requires specific skills for its next phase.
Juan Jose Galeano will serve as interim minister until a permanent replacement is appointed after Easter.
Critics say institutional weaknesses hindered the benefits of steady growth and controlled inflation from reaching the public during Fernandez's tenure.

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Story summary

Paraguay's Minister of Economy and Finance, Carlos Fernandez, resigned at the request of President Santiago Pena, according to chief of staff Javier Gimenez.
Gimenez said the administration requires specific skills for its next phase.
Juan Jose Galeano will serve as interim minister until a permanent replacement is appointed after Easter.
Critics say institutional weaknesses hindered the benefits of steady growth and controlled inflation from reaching the public during Fernandez's tenure.