Paraguay opposition leader plans state ‘austerity’ vs tax hikes on farmers – Reuters News Agency
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EconomyGovernment
18 April 2023, 4:19 pm 1 minute
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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