Moody’s alters Paraguay view to positive

Moody’s Investors Service said it changed the outlook for Paraguay to positive from stable and affirmed its Ba1 ratings.

“Over the past decade, successive governments have maintained strong commitment to fiscal discipline, despite several economic shocks, leading to a solid fiscal position and strong average GDP growth. Moody's expects Paraguay to maintain its prudent fiscal policy stance, ensuring the debt burden remains moderate, with structural reforms supporting medium-term fiscal prospects and reinforcing Paraguay's institutional frameworks,” the agency said in a press release.

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