Paraguay’s Treasury has received approval for short-term financial advances totaling PYG 2 tln (approximately USD 275 million) from the central bank, aligning with the country’s fiscal strategy and central bank regulations. This arrangement, set to commence repayment in the coming months, adheres to the central bank’s policy framework. This move comes as part of Paraguay’s broader fiscal management plan, aiming for a deficit reduction to 2.6% of GDP by 2024, with a focus on external financing to support this objective.