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Santiago Peña Palacios is a Paraguayan politician and economist who served as the 52nd president of Paraguay from 2023 to 2026. Peña served on leadership boards for the Central Bank of Paraguay and Banco Amambay. He taught economics at the Catholic University of Asunción, and has published research papers on monetary policy and finance. He resigned in 2026 days after Paraguay's central bank seized a major digital lender with close ties to his government.
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RTParaguay president resignation after bank collapse
Headline: RT State media
Paraguay's central bank put Ueno Bank, holding about $850 million in public resources and serving roughly 3 million locked-out customers, under administration for…
10 confirmed · 34 one-source8 outletsUpdated
What Santiago Peña said, word for word, with the article each quote appeared in.
I do so with the stability of our country, social peace and the need to preserve our democratic institutions in mind
I made the decision to resign from the office of the president of the republic. I do this thinking of stability of our country
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