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Paraguay opposition leader plans state ‘austerity’ vs tax hikes on farmers


Efraín Alegre, Paraguay’s main opposition presidential candidate exclusively told Reuters he will favor “austerity” to cut public sector spending over raising taxes on the country’s farmers if he wins the country’s April 30 election.

Market Impact

Paraguay is the global No. 6 soybean producer, most of which is exported, and a key beef supplier. Soy exports currently face no levies, boosting competitiveness, but the country’s diplomatic ties with Taiwan have closed doors to China. 

Article Tags

Topics of Interest: EconomyGovernment

Type: Reuters Best

Sectors: Economy & PolicyGovernment & Public Services

Regions: AmericasAsia

Countries: ChinaParaguayTaiwan

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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