Jorge Raúl Corvalan, governor of the Central Bank of Paraguay

In his two years as governor of the Central Bank of Paraguay, Jorge Raúl Corvalan has presided over a dramatic cut in interest rates (though these are now rising again to prevent the economy overheating) and increased access to banking services and mortgages. The country has stepped up bank regulation and is enjoying increasing GDP with no fiscal deficit. Mr Corvalan speaks to The Banker about the need to diversify Paraguay's economy and the measures he is taking to improve training for central bank staff. Writer Silvia Pavoni

The Banker's articles are exclusively available to registered users and full subscribers

Register for FREE limited access to global banking and finance coverage

Gain easy and instant access to:

  • 3 free views each month
  • Latest headlines and trends
  • Weekly e-newsletter




Already registered? Click here to sign in

Need more? An annual subscription to The Banker provides a wealth of banking and finance knowledge covering a wide range of countries, markets and profiles.
Click here to find out more.


By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.