• 2025.09.07 (Sun)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Opinion

Asunción Paralyzed by Severe Mismanagement… 'Red Light' on Financial Operations

KO YONG-CHUL Reporter / Updated : 2025-04-04 16:52:05
  • -
  • +
  • Print

Criticism is mounting against Asunción, the capital of Paraguay, as severe administrative mismanagement cripples the city's functions. Recent social media footage of a road in the San Pablo area rendered unrecognizable by heavy rain has ignited public outrage. Drainage work in the area had been underway since June of last year but was left unfinished, leaving it completely vulnerable to the downpour.

Strong Public Dissatisfaction… "Extreme Safety Threats and Traffic Inconvenience"

Residents of the San Pablo area lament, "They said the drainage work would be finished within three months, but nothing proper has been done since June. We were at risk of our homes being flooded due to the heavy rain, and it's dangerous even to walk because of the dug-up roads and piles of dirt." Another resident complained, "They dig one side and then dig up the other again, so I don't know when it will ever end. We have to take long detours because the roads are blocked, causing significant disruption to our daily lives."

These issues are not limited to the San Pablo area. The reconstruction of the United Nations Plaza in the Mburicaó neighborhood has also been delayed for over a year, and Asunción Mayor Óscar 'Nenecho' Rodríguez has been quick to blame citizens' tax arrears or the construction companies for these problems.

Over ₩121 Billion in Tax Revenue… Neglecting Public Investment, 'Lavishing' on Personnel Costs

However, recently disclosed financial records of the city of Asunción reveal a reality contrary to the mayor's claims. In 2024 alone, the city collected 971,125,061,946 guaraníes in tax revenue, equivalent to over ₩121 billion in Korean won. This includes various taxes such as property tax, construction tax, road construction tax, vehicle registration tax, and cemetery usage fees.

The problem lies in the fact that this substantial tax revenue is not being properly invested in improving public services or expanding urban infrastructure for the benefit of citizens. According to the city's budget execution report for 2024, over ₩91 billion was spent on civil servant salaries, accounting for 76% of the total tax revenue, while the budget execution rate for public investment projects was a mere 12%. Furthermore, City Councilor Álvaro Grau pointed out that "100% of the budget was executed for debt repayment," highlighting a severe imbalance in the city's financial management.

Neglected City, ₩70 Billion Disappeared… Disaster Caused by Incompetent Administration

Consequently, Asunción is deteriorating into a dangerous city with broken roads and uncollected garbage everywhere. Despite the massive monthly salary expenditure of ₩7 billion (an annual total of ₩92 billion), citizens see little tangible change. More alarmingly, the city's remaining balance as of the end of 2024 was only 804,000,000 guaraníes, and the whereabouts of 500 billion guaraníes (approximately ₩70 billion) from previously issued bonds are unknown.

Councilor Grau warned, "Looking at the budget execution details clearly shows how incompetently and irresponsibly the city of Asunción is being managed. If this situation continues, Asunción will inevitably become a completely neglected city facing a financial crisis."

The citizens of Asunción are suffering from unclean streets, broken sidewalks, an inefficient garbage collection system, neglect of historical heritage, and constant traffic congestion. Without fundamental changes in management practices, Asunción's future looks bleak.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
  • #타이완포스트
  • #김포공항
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Artist Jeon Ok-hee Connects Korea and Brazil with Solo Exhibition, 'Journey of Light'

  • Korea and Vietnam Forge Stronger Strategic Ties

  • Hidden Meanings of the Number 18 in Everyday Life and Mathematics

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065599472295224 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Israel Launches Airstrikes on Gaza City After Evacuation Order
  • US "475 people arrested at a Korean company site in Georgia… many are Korean" Official Announcement
  • Danang's Korean Community Takes a Big Leap Toward a New International School
  • Thailand's Political Landscape Shifts as Conservative Anutin Charnvirakul is Elected New Prime Minister 
  • The 10th Ulsan Ulju Mountain Film Festival: A Festival for the Entire Family
  • Russia Urges U.S. to Embrace Arctic Economic Partnership

Most Viewed

1
Mitsubishi Pulls Out of Japanese Offshore Wind Projects Amid Soaring Costs
2
Brazil Weighs Legal Action as U.S. Tariffs Escalate Trade Tensions
3
'K-Pop Demon Hunters' Is This Summer's Unlikely Juggernaut, Captivating U.S. Parents and Surging to Disney-Level Status
4
Jung Hoo Lee's Heroics Propel Giants to Walk-Off Victory
5
Escalating Tensions: U.S. and Venezuela on a Collision Course
광고문의
임시1
임시3
임시2

Hot Issue

'Are you coming to get me?' The Last Plea of a Gazan Girl Resonates at the Venice Film Festival

U.S. Greenlights $32.5 Million in Aid for Nigeria Amid Rising Hunger Crisis

New Ebola Outbreak Confirmed in the DRC, 15 Dead

Nigerian River Tragedy: Overloaded Boat Capsizes, Leaving Dozens Dead

China’s online public opinion manipulation goes beyond Korea

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • 우리방송
  • APEC2025가이드북TV
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE