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Paraguay's President, Santiago Peña, resigned in the midst of the crisis unleashed by the intervention and closure of Ueno Bank, which affects millions of customers and opened a front of political instability. However, Congress continues to debate in order to advance the political trial and reject its resignation. What's waiting for Paraguay? Esteban Caballero, a political scientist and researcher associated with FLACSO, explains this.
Paraguay's President, Santiago Peña, resigned in the midst of the crisis unleashed by the intervention and closure of Ueno Bank, which affects millions of customers and opened a front of political instability. However, Congress continues to debate in order to advance the political trial and reject its resignation. What's waiting for Paraguay? Esteban Caballero, a political scientist and researcher associated with FLACSO, explains this.
Through a video published on his social media, Paraguay's President, Santiago Peña, resigned on November 5 following the opening of a debate in the Chamber of Deputies on a possible political trial for the intervention and closure of Ueno Bank, an entity linked to the president. The Central Bank's measure triggered a financial and political crisis that affected 2.9 million customers with branch closures and access to accounts.
