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LatinNews Regional Monitor: Brazil & Southern Cone - 05 March 2018

In brief: Paraguay

Paraguay: Local NGO Fundación Paraguaya has warned that following the recent budget cuts announced by the Paraguayan government led by President Horacio Cartes, there is now a risk that the government will not have sufficient resources to fund the Tekoporã social development programme. The finance ministry announced last month US$80m in cuts to the approved 2018 national budget, which it considered to be inflated after the national congress approved significant increases to public sector salaries. The finance ministry has said that the cuts will come by way of government efficiencies. However, Fundación Paraguaya has said that these will more likely come from reductions in Tekoporã allocations.

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