The Paraguayan government has launched the National Development Plan Paraguay 2050 (Plan Nacional de Desarrollo Paraguay 2050), a blueprint aimed at moving the nation towards high-level development. The plan focuses on fighting poverty, fostering innovation, and establishing clear public policies and investment strategies.
Presented on Wednesday 29 Ocotber 2025, the document sets out a 25-year vision to transform Paraguay into a continental leader. It emphasises sustainable growth while addressing immediate challenges through targeted goals.
The vision for “a prosperous Paraguay”
Paraguayan President Santiago Peña, speaking at the launch, painted an optimistic picture of Paraguay’s trajectory.
“I envision a Paraguay that in 25 years will be a continental benchmark and a leading player on the world stage,” he declared. He stressed the need for meticulous planning across short-, medium-, and long-term horizons, warning that “25 years can pass very quickly.”
A key target is doubling the country’s economy within the next decade. “This National Development Plan 2050 is an opportunity to dream, but that dream requires work and dedication,” Peña added, urging all sectors of society to unite in realising “the great dream of all Paraguayans to see this giant rise again, as the most prosperous nation in the world.”
A practical and institutional roadmap
Minister of Economy and Finance, Carlos Fernández Valdovinos, described the plan as “a roadmap designed to look to the future with our feet on the ground,” insisting it is fully implementable. He distinguished it from previous initiatives by its robust institutional backing. Institutions such as the Central Bank of Paraguay and the Ministry of Economy and Finance will ensure the plan transitions “from paperwork to becoming a future reality,” the minister explained.
Fernández Valdovinos highlighted the plan‘s democratic credentials, noting it emerged from an open, “highly participatory” process rather than closed-door expert sessions. Community leaders were consulted, and technology enabled input from citizens nationwide.
“We also went to the chambers of Congress to present the plan and listen to suggestions,” he said, underscoring its “enormous democratic legitimacy.”
Cross-cutting priorities and sectoral initiatives
The National Development Plan Paraguay 2050 is mandatory for the public sector, and indicative for private enterprises, ensuring policies and investments align with national priorities. These include sustainable economic growth, poverty reduction, social inclusion, territorial equity, productive innovation, and environmental preservation.
“The plan is an instrument that connects people’s aspirations with government decisions,” the minister remarked.
Two key instruments launch in 2026
Looking ahead, two key instruments will launch in 2026: the National Infrastructure Policy Plan for defining and executing projects, and the relaunch of the National Financial Inclusion Strategy to promote financial education, protection, and secure credit access.
The National Infrastructure Policy Plan represents a strategic framework designed to systematically define and execute essential infrastructure projects across the nation. This initiative addresses longstanding gaps in roads, energy, water systems, and connectivity, such as the Bioceanic Corridor linking to Chilean ports, and Route 1 modernisation.
The relaunch of the National Financial Inclusion Strategy (ENIF), also set for 2026, seeks to revitalise Paraguay’s decade-old framework – originally launched in 2014 – to promote financial education, consumer protection, and secure credit access for all citizens, particularly the vulnerable.
