Santiago Peña Palacios

Santiago Peña Palacios (Spanish pronunciation: [sanˈtjaɣo ˈpeɲa paˈlasjos]; born 16 November 1978) is a Paraguayan politician and economist who has served as the 52nd president of Paraguay since 2023. Peña served on leadership boards for the Central Bank of Paraguay and Banco Amambay. He taught economics at the Catholic University of Asunción, and has published research papers on monetary policy and finance. Peña is a former member of the Board of Directors of the Central Bank of Paraguay, and former minister of Finance of Paraguay. Peña was a member of the Authentic Radical Liberal Party beginning in 1996, until 2016 when he joined the conservative Colorado Party. He stood as a candidate in the Colorado Party's presidential primary in 2018, where he lost to Mario Abdo Benítez, who went on to be elected president in the 2018 general election. He later won the party's nomination for president in the 2023 general election, in which he ultimately won.[edit]