Paraguay's government plans to double global bond sales amid deficit

Oscar Lovera: Oscar Lovera is Paraguay's Minister of Economy and Finance, responsible for budget planning and debt issuance decisions. He publicly detailed the government's intent to increase global bond offerings to manage fiscal pressures from supplier debts. Lovera recently met with health officials to coordinate debt clearance and improved procurement for 2027. Paraguay's government: The executive branch of the Republic of Paraguay oversees national economic policy, fiscal management, and public debt strategies under President Santiago Peña. It has decided to expand international bond sales next year amid a widening deficit linked to healthcare obligations. Finance Minister Oscar Lovera outlined these plans in recent statements emphasizing the use of the country's investment-grade status. Debt Management: Paraguay is leveraging its investment-grade credit rating to issue bonds denominated in both dollars and the local guarani currency. Investor Outreach: The finance ministry is organizing non-binding investor presentations in the coming weeks to gauge market interest ahead of planned issuance. Healthcare Financing: Government officials are coordinating efforts to clear accumulated debts to medical suppliers as part of broader 2027 budget planning.