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
Economy of Paraguay adorn its streets with an identity that enchants anyone who visits the country. As an example, for less than 80 US dollars a visitor can have a personalized trip to a nature reserve area called Eco-Reserva Mbatovi which is located in the Paraguari department, about an hour away from the capital. The trip includes a bunch of different outdoor activities, water, and complete professional guidance during the whole trip.<ref name="http://www.lonelyplanet.com/paraguay"></ref> Paraguay's banking and financial services industry is still recovering from the liquidity crisis of 1995, when news of widespread corruption resulted in the closure of several significant banks. Reform efforts