| Description | Long-time ruling party of Paraguay founded by Bernardino Caballero, Paraguayan war hero and President of Paraguay from 1880 to 1886. The Colorado Party controlled all reigns of power in the nation for 42 years, from 1947 until the overthrow of the Stroessner regime on February 2-3, 1989, then remained preponderant until it lost the presidency for the first time on April 20, 2008 to Fernando Lugo. Party leader is Paraguay's 51st President Mario Abdo Benítez [National Republican Association – Colorado Party; Asociación Nacional Republicana – Partido Colorado (ANR-PC)] |
