Paraguay's Congress rejects Santiago Peña's resignation
By the AFREEQUE newsroom, based on Premium Times
Paraguay's Assembly rejected the resignation of President Santiago Peña, who had announced his decision to preserve stability and social peace after the collapse of Ueno Bank. Lawmakers therefore kept the head of state in office, according to Nigerian outlet Premium Times.
Paraguay's President Santiago Peña submitted his resignation, but Congress rejected it, reports Nigerian outlet Premium Times. The head of state justified his decision by the wish to protect the country's stability, social peace and democratic institutions.
The resignation comes after the collapse of Ueno Bank, a banking crisis that has shaken Paraguay for several days. Parliament had begun the procedure to impeach the president even before his resignation, and had removed him, before Congress finally rejected his resignation.
This sequence follows the announcement of Santiago Peña's resignation on 5 November after the Ueno crisis, then Parliament's decision to remove him. Congress's rejection of his resignation leaves the country in an uncertain institutional situation.
