Paraguay’s president-elect, Horacio Cartes, is going to have to use all his business nous to handle the financial problems facing the incoming government set to take the reins of power on 15 August. The scale of the problems facing the administration has become evident in recent weeks, with the outgoing administration led by President Federico Franco finding itself nearly out of funds as its short 13 month-term in office comes to an end. The new Cartes administration is going to have to tackle these financial difficulties head on right from the off. End of preview - This article contains approximately 2013 words.
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