BANCO CENTRAL DEL PARAGUAY ‘Deepacho MTD In addition, because of her professionalism, dedication and excellent leadership and ‘communication skills, Maria was chosen to represent the country and workplace at Workshop on ‘Market Risk, indexation of Treasuries & Performance Measurement (2018) and Workshop on Fundamentals on Active Management (2019) held at the World Bank headquarters in Paris and Washington DC, respectively. Both of which provided advanced strategies combining quantitative tools and analytical techniques for portfolio management and risk measurement along with the opportunity to interact with other central bankers and instructors from around the world and build a valuable network. (On the academic side, Maria has also worked by my side as a Teacher Assistant at the Universidad Catdlica Nuestra Sefiora de la Asuncién, teaching Introduction to Economics. From this experience, | can certify her ability to manage a large group of students and an impeccable time management of the content she was assigned to teach, Moreover, what | treasure the most was her inherent passion for the world of academia, a characteristic trait | was proud to witness. Finally, | believe that Ms. Cabrera's participation in the MSc. in Finance program will deeply contribute to the development of the country, as | am certain of her commitment to public service and to improving our country's conditions. She has demonstrated this throughout her career and with her aspirations for the future. She has a promising career within the Central Bank since there are few young people as talented, prepared and committed to the cause as she is. | would not change a thing about her personal or professional characteristics. She is an extraordinary professional who | am sure will make her way to decision making positions and boost important changes. Her excellent interpersonal skills and ethical values make her an outstating candidate for leadership positions in the future, both professionally and in the academia, | believe the MIT Program will provide her with exemplary academic knowledge and skills to do so. Please feel free to contact me regarding this letter or my impression of Maria. Member of the Board of Directors, Central Bank of Paraguay MSc in Economics, State University of New York Fulbright Grantee 2008 Professor of Introduction to Economics, Economic Theory | and ll, International Economics, and Theory of Economic Dynamics, Catholic University of Asuncion Icabak@bop.aov.py +595 981 793 845