Paraguay
The Paraguayan Government will hand over 1,000 property titles to rural families in Asunción
The ceremony will take place this Tuesday on the esplanade of the Palacio de López and will also include the signing of another 600 documents. According to La Nación Paraguay, Indert has already surpassed 12,000 titles granted in just over three years of administration.
The Government of Paraguay will hold a ceremony this Tuesday, September 15, on the esplanade of the Palacio de López to hand over 1,000 property titles to rural families from different parts of the country. According to La Nación Paraguay, during the event another 600 documents linked to land regularization will also be signed.
The event will be led by President Santiago Peña, Vice President Pedro Alliana and the head of the National Institute for Rural and Land Development, Francisco Ruiz Díaz.
According to that outlet, after just over three years of the current administration, Indert surpassed 12,000 titles granted through the Massive Property Clearing methodology. The publication also noted that this figure contrasts with a historical average of 900 titles per year over the past decade.
La Nación Paraguay added that the Executive Branch sent a bill to the National Congress to speed up the titling of lots under the Agrarian Statute. The initiative proposes postponing the initial payment for land by one year to allow producers to complete the legal documentation first.
According to the same outlet, if Congress approves that proposal, the ruling party projects reaching 50,000 property titles during the current presidential term.
The initiative is also linked to the pilot program New Rurality with Generational Succession, aimed at discouraging rural exodus and encouraging young people to remain in the countryside. In addition, La Nación Paraguay indicated that the project foresees extending lot payment terms to 30 years for rural women and to 20 years for men, along with a reduction in the annual interest rate for male beneficiaries, from 4% to 2%.
Sources
About this note. Written by El Notero with assistance from artificial intelligence, based on what was published by the cited outlet. El Notero did not do its own reporting on this event.
