Weekly Report - 08 January 2015 (WR-15-01)

PARAGUAY | Cartes puts faith in youth with new finance minister. President Horacio Cartes named Santiago Peña as Paraguay’s new finance minister on 2 January after the resignation of Germán Rojas. During the swearing-in ceremony, Peña, just 36, admitted he had been taken aback by his appointment to “such an important position at such a tender age”. Peña worked for the International Monetary Fund (IMF) where he focused on African countries until 2012 when, at 33, he became a member of the board of directors of the central bank (BCP).

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