Moody's Investors Service has reaffirmed Paraguay's sovereign credit rating at Baa3, maintaining a stable outlook on the country's debt obligations.
The decision marks the third consecutive year that the South American nation has held investment-grade status, underpinned by robust economic expansion and disciplined fiscal management.
9% GDP growth rate as a key pillar of the country's creditworthiness.
The rating agency highlighted Paraguay's strong macroeconomic performance, specifically pointing to a 5.9% GDP growth rate as a key pillar of the country's creditworthiness.
This growth trajectory has helped Paraguay distinguish itself within the Latin American region, where many peers face more volatile economic conditions or higher debt burdens.
The stable outlook suggests that Moody's expects these fundamentals to persist in the near term, barring significant external shocks.
For investors, the affirmation reinforces Paraguay's position as a relatively safe haven within the emerging market debt space.