Independence of Paraguay Plata with a capital city in Buenos Aires. It included parts of modern-day Argentina, Bolivia, Uruguay and Rio Grande do Sul. In 1782 a system of municipalities was introduced. The municipality of Paraguay had only one town with city status – Asuncion. During the era of the Napoleonic Peninsula War, when mainland Spain was allied with and later occupied by the French, The British Empire attempted to take control of the Viceroyalty by launching the River Plate invasions, occupying Buenos Aires and neighbouring parts of the Río de la Plata in 1806 and 1807. Paraguayan units led by Governor Velasco
Paraguay Estigarribia air base, a sprawling complex built in 1982. Paraguay consists of seventeen departments and one capital district ("distrito capital"). It is also divided into 2 regions: The "Occidental Region" or Chaco (Boquerón, Alto Paraguay and Presidente Hayes), and the "Oriental Region" (the other departments and the capital district). These are the departments, with their capitals, population, area and the number of districts: The departments are further divided into districts ("distritos"). The macroeconomy in Paraguay is characterized by a historical low inflation rate – 5% average (in 2013, the inflation rate was 3.7%), international reserves 20% of GDP and twice