• 2026.06.27 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
fashionrunwayshow2026
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Opinion

Lost Time: An Assessment of Santiago Peña's First Two Years in Office

KO YONG-CHUL Reporter / Updated : 2025-06-30 20:05:33
  • -
  • +
  • Print

 

On June 29, 2025, Paraguayan President Santiago Peña marked his second year in office. Throughout his tenure, he has navigated smoothly without major obstacles, governing under unprecedentedly favorable conditions. He has not faced natural disasters or health crises like fires, floods, or pandemics, and has secured overwhelming majority support in both chambers of Congress, swiftly passing all government-proposed bills.

Rumors of impeachment were dispelled from the outset, and there have been no strikes or large-scale protests, maintaining a stable political environment. As a former Minister of Finance, President Peña can be said to have had the opportunity to lead the nation under the most ideal conditions in Paraguay's history. So, have these favorable conditions translated into actual governance achievements?

Performance Evaluation: Is It Still Too Early? 

As journalist Luis Bareiro points out, it is still too early to judge the success or failure of the policies President Peña highlights as his major achievements. Projects like 'Hambre Cero' aimed at improving school meals, the increase in police personnel, and frequent overseas trips to attract foreign investment are all policies whose effects will only become apparent in the long term. Whether these policies have brought positive changes to the lives of the people can only be clearly assessed over time.

However, Bareiro criticizes that he cannot shake off the impression that there is a lack of concrete policies or plans that would significantly change the quality of life for citizens in the short term. The reality in Paraguay is that a significant number of people still work in the informal sector, earning at or below minimum wage, and do not receive health insurance or pension benefits. This can be interpreted to mean that the economic growth and social welfare improvements promised by the Peña government have not yet been tangibly felt.

Unresolved Social Issues 

Daily instability continues to plague Paraguayan society. In particular, survival crimes committed by drug addicts have not decreased, and the "zombie" phenomenon of them wandering the streets and committing thefts is exacerbating social anxiety. Government-backed anti-drug programs like 'Chau Chespi' and social integration projects like 'Sumar' are still criticized for remaining empty promises.

Improving the public transportation system was also a major promise of the Peña government. Early in its term, the government announced new legislation to reorganize bus services and plans for a famous suburban train. Unfortunately, the bill has not even been submitted to Congress, and the suburban train project appears largely unrealistic. Meanwhile, public transportation users continue to suffer from poor conditions and unfriendly service. Paraguay's public transport is characterized by chronic congestion, outdated vehicles, and irregular schedules, causing great inconvenience to citizens. Especially during rush hours, bus interiors are so crowded that it's difficult to breathe, and safety issues are also serious.

Itaipú Dam and Energy Policy Challenges 

The Peña government successfully secured substantial financial resources for the national treasury by increasing the energy tariff of the Itaipú hydroelectric power plant. This achievement, made through negotiations with Brazil, was a significant opportunity to strengthen Paraguay's energy sovereignty and increase national revenue. However, it has faced criticism for not including these funds in the public budget, allegedly to evade auditor oversight.

Furthermore, fundamental negotiations with Brazil regarding Itaipú have been completely suspended due to the Brazil-Paraguay wiretapping scandal. Despite good ideas being proposed for utilizing Itaipú's revenue, no new negotiations are currently possible. This means that Paraguay is not properly utilizing potential resources that could serve as a crucial driving force for national development.

Slow Progress in Health and Education Sectors 

President Peña himself admitted that the public health sector showed the most insufficient results, and improvement in this area has been slow. While some hospitals have been built and ambulances purchased, the public health system as perceived by citizens remains at a serious level. Inadequate responses in emergencies, medicine shortages, and a lack of medical personnel remain unresolved. Criticism suggests it's like trying to stop a massive hemorrhage with a small band-aid. Furthermore, the lack of information regarding what health model the government is proposing only increases public anxiety.

The education sector is also an area where immediate results are difficult to expect. Although the Minister of Education seems to understand the direction forward, at least at the discourse level, building trust after decades of accumulated indifference and laxity is not easy. Criticism continues that fundamental reform of the education system is necessary to secure Paraguay's future. Low investment in education, poor teacher compensation, and a lack of educational infrastructure remain chronic problems in Paraguayan education.

A Time of Wasted Opportunity? 

Bareiro argues that while it's unfair to say the Peña government did nothing, its achievements were meager or ordinary given the exceptionally favorable conditions. He notes that he cannot shake the feeling that the Peña government lacked vision or ambition, spending valuable time and an astonishing period of stability without fundamental reforms or revolutionary plans.

He hopes his judgment is wrong but warns that if five years are squandered, it will lead to the misfortune of another two or three generations. The criticism that Paraguay has wasted countless opportunities over the past 75 years, and that the current situation is an extension of that, hits hard. It remains to be seen whether President Santiago Peña can dispel these criticisms and show tangible results for Paraguay's true development during his remaining term.

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

  • #NATO
  • #OTAN
  • #OECD
  • #G20
  • #globaleconomictimes
  • #Korea
  • #UNPEACEKOR
  • #micorea
  • #mykorea
  • #UN
  • #UNESCO
  • #nammidonganews
  • #sin
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • Our Embassy met on Friday, May 29, with the Kkottongnae brothers, who run a nursing home in the city of Caacupé, to learn about their main activities and future plans.

  • Ambassador Hyuk-Sang Sohn participated on May 26 in the signing ceremony of the Discussion Memorandum

  • Personal Interest Engraved on the Dollar: Witnessing the Regression of American Democracy

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065611076030637 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won 
  • Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation
  • Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis
  • Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante
  • South Korea's Path to Round of 32 Grows Perilous Following Australia-Paraguay Draw
  • The True Face of Our Politics After Stripping Away the Mask of Fairness

Most Viewed

1
[In-depth Report] The Islamic ‘Halal Barrier’ Just Around the Corner… The Silent Screams of K-Beauty SMEs
2
Asking about the Future of ‘Hangeul City Ulsan’… Special Lecture by Novelist Kim Jin-myung to be Held
3
Embassy of Pakistan in Seoul Hosts Commemorative Event for the 150th Birth Anniversary of Muhammad Ali Jinnah
4
KOSPI Hits Historic 9,300 Milestone as Market Cap Surpasses 8,000 Trillion Won
5
Kim Yoon-ji Appointed as New President of KOCCA: “Leading the Global Expansion of K-Culture”
광고문의
임시1
임시3
임시2

Hot Issue

Devastating Twin Earthquakes Strike Venezuela: Death Toll Rises Amid Humanitarian Crisis

Political Debates Spark Over Semiconductor "Windfall" Redistribution

Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups

Government Slashes Petroleum Price Caps by 150 Won per Liter amid Easing Middle East Tensions

Fashion Runway Show 2026

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
  • 향기네무료급식
  • BCB부천방송
  • 반달곰 프로젝트
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers