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LatinNews Daily - 14 November 2018
In brief: Paraguay
* Paraguay’s finance minister, Benigno López, has mooted the possibility of advancing a comprehensive tax reform rather than increasing only certain taxes to help shore up the public finances, as proposed by the national congress. Legislators were due to debate a series of proposals to increase the taxes on things such as tobacco, alcohol, sugary drinks, and soya exports this week - initiatives that are rejected by the local business sector. However, during a hearing at the congressional budget commission López suggested postponing the discussion of the initiatives and instead beginning to discuss a more comprehensive tax reform that would help to improve the country’s long-term finances.
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- In brief: Paraguay