Paraguay Replaces Economy Minister to Boost Growth

President Santiago Pena has asked the current economy chief, Carlos Fernandez, to step down. The decision comes as part of a new phase in his administration that seeks fresh skills and stronger focus on economic progress. Fernandez will be replaced by presidential adviser Juan Jose Galeano, who will act as interim minister until a permanent successor is chosen after the Easter holiday. The president’s office says these changes aim to consolidate growth and improve state efficiency.Under Fernandez, the country saw steady GDP expansion, low inflation, and achieved investment‑grade ratings from Moody’s and Standard & Poor’s. Yet critics point out that institutional gaps have limited the benefits for everyday citizens. The shift reflects a push to address those weaknesses and deliver more tangible results.