India, Nov. 10 -- Amnesty International, responding to a financial and political crisis triggered by the initiation of resolution proceedings against a financial institution by the Central Bank of Paraguay, called on Paraguayan authorities to protect those affected, guarantee transparency, and respect the right to peaceful protest.

The organization said the crisis has sparked public protests and led to impeachment proceedings against President Santiago Peña. Ana Piquer, Amnesty International’s Director for the Americas, said the state response “must put people at the centre, provide effective solutions and ensure that no economic or political interest takes precedence over their rights.”

Impact on savings, pensions and labour rights

Amne...