Paraguay was losing its natural semi humid forests in the country ’ s western regions at a rate of 15. 000 hectares at a randomly studied 2 month period in 2010, Paraguay ’ s parliament refused in 2009 to pass a law that would have stopped cutting of natural forests altogether.

Reforms in fiscal and monetary policy also have improved Paraguay ’ s economy.

Nevertheless, urban unemployment and underemployment have been problems throughout Paraguay ’ s history.

Paraguay ’ s economy ( GDP ) grew 5, 8 % in 2008, fastest growing sector being agriculture with 10, 5 % growth

It is Paraguay ’ s largest and most consistent source of employment, employing about 45 percent of the working population.

Paraguay ’ s eastern plains as well as the Chaco support the country ’ s dairy and ranching industry.

Behind soybeans, beef exports make up a significant part of Paraguay ’ s agriculture sector.

However, in 2004 Paraguay ’ s meat production and exports rebounded.

As a result of rising international prices and the recovery of important markets like Chile or Russia, Paraguay ’ s meat exports rose to US $ 143 million in 2004.

Paraguay ’ s forests adequately meet domestic needs for lumber and fuelwood.

However, logging for export, both legally and illegally, has thinned Paraguay ’ s once abundant forests, resulting in a ban on the export of logs since the 1970s.

The industrial sector produces about 25 percent of Paraguay ’ s gross domestic product ( GDP ) and employs about 31 percent of the labor force.

Paraguay ’ s primary manufacturing focus is on food and beverages.

The services sector made up nearly 50 percent of Paraguay ’ s gross domestic product in 2004 and employed about 19 percent of Paraguay ’ s working population.

In 2003 Paraguay ’ s hotel occupancy rate was 38 percent.

Reform efforts spurred by the International Monetary Fund ( IMF ) and World Bank helped restore some credibility to Paraguay ’ s banking industry.

Paraguay ’ s Central Bank exists to stabilize the financial sector, making sure that another run on banks, such as the one that occurred in 1995, does not recur.

This drop was largely the result of the financial crisis in Argentina and the banking collapse in Paraguay.

Probably the only man in Paraguay with the necessary diplomatic, financial, and administrative skills, Francia built his power base on his organizational abilities and his forceful personality.

Foreign companies either partially or wholly own most banks and financial institutions in Paraguay.

Pittera also secured the interest of President Stroessner of Paraguay and General Perón of Argentina and other government leaders in Africa, Philippines, India as well as Indonesia, but despite the non-profit structure of the venture neither the UN, World Bank or donor nations rendered any financial assistance to the impoverished nations who placed huge orders for the concept.

On first of April 1880 Cándido Bareiro read his only message as a president, as it was discussed at the Senate of Paraguay the financial projects for the Executive Power and it was authorized a lottery charity.

* The financial representative in London signed an agreement with bondholders on borrowings made by Paraguay from 1871.

Instability in the economy and a large black market have hampered development of the formal services sector in Paraguay.

* December 22 – Archives of Terror discovered by Dr. Martín Almada detailing the fates of thousands of Latin Americans who had been secretly kidnapped, tortured, and killed by the security services of Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay.

In an effort of bringing more Taiwan-born citizens into government services, Chiang Ching-kuo " exiled " his over-ambitious chief of General Political Warfare Department, General Wang Sheng, to Paraguay as an ambassador ( November 1983 ), and hand-picked Lee Teng-hui as vice-president of the Republic of China ( formally elected May 1984 ), first-in-the-line of succession to the presidency.

On 25 November 1975, leaders of the military intelligence services of Argentina, Bolivia, Chile, Paraguay, and Uruguay met with Manuel Contreras, chief of DINA ( the Chilean secret police ), in Santiago de Chile, officially creating the Plan Condor.

Instead he found what became known as the " terror archives ", detailing the fates of thousands of Latin Americans secretly kidnapped, tortured and killed by the security services of Argentina, Bolivia, Brazil, Chile, Paraguay and Uruguay.

* Rabo Development, with advisory services and minority participations in various international markets, including: Tanzania, Zambia, Rwanda, Mozambique, China, Brazil and Paraguay.

The core subject matter of the abruptly terminated exchange was Operation Condor: the campaign of assassination and intelligence-gathering conducted jointly by the security services of Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay in the mid-1970s.

It operates domestic services as well as international charter flights to Argentina, Brazil and Paraguay for several large corporations and government agencies.

Kissinger's history included the secret 1969 – 1975 bombing campaign against North Vietnamese Army troops infiltrating the South via Cambodia, the alleged U. S. involvement in Operation Condor — a mid-1970s campaign of kidnapping and murder coordinated among the intelligence and security services of Argentina, Bolivia, Brazil, Chile ( see details ), Paraguay, and Uruguay — as well as the death of French nationals under the Chilean junta.

At March 2007 Air Class Líneas Aéreas operates passenger and freight services between Montevideo and Buenos Aires, as well as charter flights to Argentina, Brazil, Paraguay and Chile.

When the War of Paraguay against the Triple Alliance took place, he offered his services and joined the Health Department in the Army.

* Operation Condor ( Spanish: Operación Cóndor ), a campaign of assassination and intelligence-gathering conducted jointly by the security services of Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay in the mid-1970s

Although industry was becoming more visible in Paraguay in the 1980s, industry's share of GDP actually declined in the 1970s and 1980s because of more rapid growth in agriculture.

The War of the Triple Alliance, however, devastated what little industry and infrastructure the country had, causing Paraguay to enter the twentieth century as an almost completely agricultural society.

In the late 1980s, this subsector represented less than 5 percent of industrial activity, but its share of manufacturing output was expanding because of the growth of heavy industry in Paraguay, especially industry related to the energy sector.

The fishing industry in Paraguay exists almost solely to meet domestic demand.

Paraguay has a small tourism industry.

ACEPAR, Aceros del Paraguay, is an important iron and steel industry and is also located in Villa Hayes.

The first archeological evidence of native peoples in Paraguay is represented by the " Altoparanense industry " of stone flaked tools found along the Paraná River, and Celt-type stone axes similar to those still used by the Aché of the same region ( and dated to about 9, 000 Before Present ).

Category: Companies of Paraguay by industry

The biggest oil industry of Paraguay is in Minga Guazú, the multinational " Cargill ".

* Known as the " Industrial Capital " of Paraguay, this town hosts the greatest Cooperative Association in Latin America, also the biggest part of oil industry of Paraguay: a branch plant of the multinational Cargill.