History of the Jews in Paraguay 1939, between 15,000 and 20,000 Jews from Germany, Austria and Czechoslovakia took advantage of Paraguay's liberal immigration laws to escape from Nazi-occupied Europe. After World War II, most Jews that arrived in Paraguay were survivors of concentration camps. Simultaneously, in the 1960s roughly 40,000 Germans and their descendants, a great many of whom were Nazi supporters and some of whom were prominent Nazi figures, were living in Paraguay. Infamous Nazi doctor Josef Mengele also temporary lived in the country. Today, there are 10,000 Jews mostly living in Paraguay's capital city of Asunción. The majority of the Paraguayan Jewry is of
Economy of Paraguay Foreign investment in Paraguay nearly disappeared in 2002. After direct foreign investment of US$84 million in 2001, only US$9 million in investment came from abroad in 2002. This drop was largely the result of the financial crisis in Argentina and the banking collapse in Paraguay. Direct foreign investment rebounded in 2003, reaching US$90.8 million for the year. Paraguay has depended on the International Monetary Fund (IMF) and World Bank for economic development assistance. The World Bank has promised Paraguay assistance totaling US$325 million between 2003 and 2007. Projects currently underway in Paraguay aim to improve education, transportation, and rural development.