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Subject
The new Political Financing Law.
Significance
A new law has been passed to regulate the financing of political parties. The move aims to counter growing infiltration by narcotics gangs of Paraguay’s political system through introducing mechanisms requiring all candidates to reveal the source of financing of their individual campaigns.
Impacts
The new law will do little to improve citizens’ minimal trust in politicians.
The way in which it is implemented may see the law’s effectiveness further watered down.
Washington will continue to press Asuncion for progress on combating money-laundering and terrorism financing.
Keywords:
Paraguay,
LA/C,
industry,
international relations,
politics,
corruption,
election,
finance,
government,
legislation,
narcotics,
opposition,
party
© Oxford Analytica 2020. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2020
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