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(10/10/03) -

Confidence In Economy For Paraguayans

(CPOD) Oct. 10, 2003 – The citizens of Paraguay have confidence in their future economic prospects, according to a poll by CADEP. 50 per cent of respondents expect the country’s financial situation to improve in the next year.

(CPOD) Oct. 10, 2003 – The citizens of Paraguay have confidence in their future economic prospects, according to a poll by CADEP. 50 per cent of respondents expect the country’s financial situation to improve in the next year.

Newly elected president Nicanor Duarte has promised a crackdown on corruption, which will in turn mean healthier finances for the country. A third of all Paraguayans live below the poverty line, and unemployment figures range from 18 to 35 per cent, depending on the source.

The International Monetary Fund (IMF) has scheduled a meeting for the end of 2003, to assess whether Paraguay will receive a $200 million U.S. contingency loan.

Polling Data

Do you think Paraguay’s economic situation will improve, remain the same or get worse in the next 12 months?

Improve

50%

Remain the same

14%

Get worse

36%


Source: CADEP (Centro de Analisis y Difusion de la Economia Paraguaya)
Methodology: Interviews to 300 Paraguayan citizens, conducted in late September 2003. No margin of error was provided.