The new ‘Paraguayan Tradition’ stamp and coin, commemorative items from the Annual Assembly of the Inter-American Development Bank (IDB) and BID Invest 2026, are officially launched. Led by Paraguay’s Minister of Economy and Finance, Carlos Fernández Valdovinos, the ceremony marked the official presentation of the commemorative items. Fernández Valdovinos introduced the new stamp, while Central Bank President Carlos Carvallo unveiled the coin.
The artwork, titled Paraguayan Tradition (Tradición Paraguaya), was created by Paraguayan visual artist Alfredo Moraes. The design features symbols deeply rooted in national identity. First, a guampa (drinking vessel for mate and tereré, which is a traditional Paraguayan cold infusion). Second, a tereré jar resting on a ñandutí (delicate Paraguayan lacework) cloth adorned with flowers. Both evoke the natural beauty and cultural richness of Paraguay.
Paraguay’s National Postal Directorate (Dinacopa), through its philatelic consultancy, has put the Paraguayan Tradition stamp into production. The new series comprises 3,000 units, each valued at Gs. 13,000 (approximately US$1,84).
Meet the artist behind the design
Born in Asunción, Alfredo Moraes trained as an architect, but soon followed his artistic calling. While he is a self-taught painter, he has captivated audiences since 1977 with his vibrant oil and acrylic works. Moraes currently lives in Encarnación and has received numerous distinctions throughout his prolific career.
About the Inter-American Development Bank
Founded in 1959, the Inter-American Development Bank (IDB) provides financial and technical support to governments and organisations across Latin America and the Caribbean. Since its creation, the institution has promoted sustainable development by means of innovative solutions and research.
Furthermore, the IDB Invest programme aims to be the partner of choice for the private sector, actively supporting projects in clean energy, modern agriculture, transport infrastructure, and access to financing.
As one of the IDB’s founding members, Paraguay will host the 66th Annual Meeting of the IDB Board of Governors and the 40th IDB Invest from 11 to 14 March 2026. The meetings will gather ministers and economic leaders from across the region to discuss Latin America’s most pressing development priorities.
