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
Economy of Paraguay hydropower plant, Yacyretá, with Argentina. Paraguay uses only a small portion of the energy it generates through Itaipú and Yacyretá. In 2002 Paraguay generated more than 48 billion kilowatt-hours of energy. It consumed only 2.5 billion kilowatt-hours while exporting 45.9 billion kilowatt-hours. Paraguay will have even more hydroelectricity to export when planned new turbines are installed at Itaipú and the Yacyretá dam is fully completed. In 2007 electricity production rose to 70 TWh, and exports reached 64 TWh which put Paraguay in second place worldwide as an exporter of electrical power (And in the first place as a net exporter