Paraguay prepares better debt management

摘要

With six dollar bond issues under its belt, Paraguay is now laying the groundwork for a more sophisticated debt management strategy. The government has been assessing its debt sustainability levels while exploring ways to deepen what is still a very shallow local market. "We still have a very conservative approach towards everything we do in regards to debt," Finance Minister Lea Gimenez told IFR on the sidelines of the IDB meetings in Argentina. "We think in the next few years that debt will reach a steady-state point and stabilise."