Paraguayan President Recognizes Serious Financial Situation

[Catherina]

Paraguayan President Recognizes Serious Financial Situation


Imagen activaAsuncion, Jul 5 (Prensa Latina) The Paraguayan president Federico Franco recognized today the serious financial situation in the country while the social demands for delay in salary pay and shortage of funds for medicines become stronger.
Franco stated that efforts are made to inject resources into the economy through loans and issuing of bonds and increase of revenues with rise in tariff, charges and fine, due to the existing crisis.

About 40 days of hand over of power to the elected president, Horacio Cartes, he tried to reassure those who say, repeatedly, that the National Treasury coffers are almost empty and in moments in which denunciations for corruption acts are multiplied.

He assured that they are seeking to stimulate the economy by generating more tax revenue, although public, for example, the official opposition to tax the huge gain of the major agricultural exporters that control the soybeans, cotton and national corn.

The lack of transfer of funds to the institutions responsible for the procurement of drugs is causing serious problems in hospitals and other care medical facilities, while reconstruction of damaged schools is at stand still.

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http://www.plenglish.com/index.php?option=com_content&task=view&id=1582791&Itemid=1

Sure sucks when you lash yourself to a sinking neoliberal ship.

[Judi Lynn]

1. They did so well after they screwed the elected President Lugo.

The Colorado Party has ruled since Stroessner seized power in 1954 with his coup, the same year the US overthrew the beloved elected progressive President Arbenz of Guatemala. In all that time, the ONLY breather the people of Paraguay had was the small stretch of time from sometime in 2008 to whenever in 2012 they overthrew the elected President Fernando Lugo.

31 years straight of that time Pres. Stroessner, Nazi lover, who gave haven to the grotesque, sadistic murderer, Dr. Josef Mengele from Germany's Auschwitz concentration camp, and they lived happily as racist clams while Stroessner conducted years of genocide against Paraguay's indigenous people, and forced some of them into slavery.

What a noble history. The U.S. supported Stroessner and the Colorado Party THROUGHOUT this living hell on earth for the poor, and our corporate media covered for them, never mentioning a word about how horrified they were that he had seized power and never let go for all those years while he slaughtered indigenous people, stole their lands, stole their children, turned them out as slaves for the white Paraguayans.

As far as they're all concerned, they just couldn't have done better. It's all A-OK as long as the European descended white Paraguayan citizens are wealthy and doing well, and the US approves mightily.