ANNOUNCEMENT 24 Feb 2009In February 2009, the government of Paraguay announced a change in the local input requirements for the participation in certain public purchases.
NUMBER OF INTERVENTIONS
Ministerio de Hacienda. (24 February 2009). Acciones para sostener la producci?n y el empleo (C-038), http://www.hacienda.gov.py/web-hacienda/archivo.php?a=2426323038312c2624273236ef302bf124272d3831373236f1292825f2fbf126eff2f5fae2f4f2f2fbeff2f4eff4f6e2302be2efe22426262c32312836e227282fe23335322a35243024e22431372c26352c362c36f0332729240c2&x=kaka0a8&y=dede07d
On 24 February 2009, the Paraguayan Finance Ministry specified changes to public procurement policy in relation to the national stimulus plan.
According to the announcement, public bodies that seek to spend money from the stimulus money are to give preference to national goods and services. More specifically, domestic goods shall receive a preferential margin of 70 percent over imported products. In terms of labor, the announcement declares that at least 70 percent of the labor involved in stimulus projects shall come from local employees living in the territory of the contracting public authority.
To revitalise the Paraguayan economy, the government had increased investments in road infrastructure and social housing.