Paraguay President Prioritizes Pension Fund Recovery After Ueno Bank Intervention

Paraguay's President Pedro Alliana announced that recovering pension resources for public-sector contributors and retirees affected by the intervened Ueno bank is a priority, and confirmed that 95% of clients covered by the state guarantee will have their savings returned. The intervention of Ueno bank has raised concerns about the safety of pension funds, and the government's commitment to recovery aims to mitigate financial and political fallout. The full extent of losses and the timeline for restitution remain uncertain.

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