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LatinNews Daily - 13 July 2018

In brief: Paraguay

Paraguay: Brazilian bank Itaú BBA has released its latest regional economic growth forecasts in which it highlights that it expects Paraguay to post 4% economic growth this year, the highest projected growth rate for the Southern Cone sub-region. The accompanying report notes that the domestic economic activity in Paraguay has been dynamic this year and is expected to remain so thanks to a projected good 2018-2019 soya harvest (Soya being Paraguay’s main export).