Paraguay Names Interim Finance Chief After Fernandez Resigns

Paraguay’s President Santiago Pena tapped an economic adviser to temporarily run the finance ministry after Carlos Fernandez resigned from the top post Tuesday amid a fallout with lawmakers over a pension reform bill.

Juan Jose Galeano will serve as interim finance minister until Pena chooses a permanent successor to Fernandez from a short list of four or five candidates after the Easter holiday, cabinet chief Javier Gimenez said. The government’s economic program with a focus on the private sector, low inflation and growth won’t change, he added.