History of Paraguay land to every Paraguayan family. He reopened the University, implemented monetary and municipal reforms, balanced the budget, financed the public debt, increased the capital of the Central Bank of Paraguay, and drew up plans to build highways and public works with the loan from the United States. Estigarribia faced sharp criticism from the conservative Catholic intellectuals and their newspaper "El Tiempo" as well as leftist "febrerista" student activists in the university. After anti-government demonstrations broke out in Asunción, the army suppressed them and arrested Catholic and "febrerista" leaders. This led to a withdrawal of Colorado support for Estigarribia, and an
Constitution of Paraguay in 2017 when the legislature deliberated an amendment that would have allowed incumbent Horacio Cartes to run for reelection the following year. The Constitution establishes that any modifications to a president's term should occur via a reform and not an amendment. Cartes ultimately gave up any plans to run again, and the amendment was defeated. Constitution of Paraguay The Republic of Paraguay is governed under the constitution of 1992, which is the country's sixth since independence from Spain in 1811. The recorded history of Paraguay began in 1516 with the failed expedition of Juan Díaz de Solís to the Río