The growth of real estate, as in the first half of the year was reported as nearly 10%, is leading to a interesting competition between banks and financial intermediaries. Provide long-term loans to their clients, and realize joint ventures with the public sector has led fortunately to significant liquidity has strengthened the capacity of the respective portfolios of these intermediaries and related sectors of the formal construction and real estate sector.
rate with downward trends, long term financing, excess liquidity in the financial system, associated with a strong housing deficit at the level of urban centers are more representative of the country (estimated at 800,000 units ) are factors that combined to monetary policy undertaken by the Central Bank of Paraguay, both for banks, finance companies and cooperatives, which added its own resources, with provided by the Development Finance Agency (AFD), have consolidated to plan expenditure (aggregate demand) secured for the medium and long term, I definitely have a positive impact throughout the production chain construction sector, characterized primarily by including one of the most vulnerable elements of our migrant workers, which is that with modest and lower income rating.
to continue operating the manufacture of cement in regular amounts, we will have a guaranteed income for a medium-term period, allowing a balanced growth of this sector which is closely related to other sectors of GDP.
recommend reading accompany the formation of curves IS / LM for a better understanding of this economic process.
(Prof. Andrew Laconich)
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