The Liberal Party of Paraguay (Partido Liberal Radical Auténtico) is one of the oldest political parties in Paraguay, founded in 1887. It promotes liberal democracy, individual freedoms, and social justice. The party has historically played a significant role in Paraguayan politics, advocating for economic reforms and civil rights. The party's symbol is a blue flag, and its members are often referred to as "liberals." Over the years, the Liberal Party has participated in various governments and coalitions, influencing legislation and public policy in Paraguay. It continues to be a key player in the country's political landscape.