Resignation of Paraguayan President Santiago Peña
Paraguayan President Santiago Peña resigned and was subsequently impeached by lawmakers amid a major banking collapse that left many citizens unable to access their savings. Following his removal from office by the Senate, Peña was placed under house arrest, and Pedro Alliana was sworn in as Paraguay's new president.
Current state
Pedro Alliana has been sworn in as Paraguay's new president after Santiago Peña was impeached and removed from office over the collapse of lender Ueno; Peña is under house arrest as millions of customer accounts and public funds remain frozen.
4 sources · 4 reports · Updated 7 Nov 2026
What changed
Pedro Alliana sworn in as Paraguay's new president
Pedro Alliana has been sworn in as Paraguay's new president following Santiago Peña's impeachment and removal from office.
Developments
- Key development
Paraguayan authorities placed the ousted president under house arrest.
- Key development
Pedro Alliana was sworn in as Paraguay's new president.
- Key development
The Senate unanimously removed President Santiago Peña from office over the Ueno banking crisis.
- Earlier development
Digital lender Ueno collapsed, freezing millions of customer accounts and tying up public pension and health care funds.
- Key development
Lawmakers' impeachment proceedings stripped President Santiago Peña of political immunity.
- Earlier development
President Santiago Peña resigned and lawmakers then voted to impeach him minutes later.
- Earlier development
The lower house of Congress voted in favour of pursuing an impeachment trial against President Santiago Peña.