Partnerships: Resourcing Paraguay's development agenda

This chapter describes how Paraguay’s network of partnerships with external and domestic entities generates financing to support its development agenda. It examines public finances and the scope to increase the resources available for the public sector, focusing on the potential to improve the performance of Paraguay’s public finance framework, including how to recalibrate expenditure towards areas that offer greater developmental returns, such as infrastructure, while maintaining fiscal sustainability. The chapter then examines the availability of resources for private-sector firms, through foreign direct investment (FDI) and financing from the domestic financial system, and the potential for a more effective domestic banking system. The focus throughout is on the resources that are, or could be, available for development activities, rather than how those financing flows have been used.