President of Paraguay President of Paraguay The President of Paraguay (), officially known as the President of the Republic of Paraguay (), is according to the Constitution of Paraguay the head of the executive branch of the Government of Paraguay, both head of state and head of government. His honorific title is "Excelentísimo Señor". Under the 1992 constitution, the President is limited to a single five-year term. An attempt by the Senate to abolish term limits on 1 April 2017 resulted in protests; it was ultimately rejected. The Presidential seat is the Palacio de los López, in Asunción. The Presidential residence is the
History of Paraguay History of Paraguay The history of Paraguay is a result of development and interaction of varying cultures of indigenous peoples in Paraguay and overseas immigrants who together have created the modern-day Paraguay. Paraguay celebrates Independence Day on May 15, from 1811 to now. William E. Barrett wrote: "Paraguay is the country of prophecy. One of the two smallest nations [as of 1952] on the American continent, it was the first American communistic state, the first American nation to be governed by an absolute dictator (in the modern sense of the term)." The first Spaniards reached this territory in early 16th