The National Prize for Literature (Premio Nacional de Literatura) is awarded biennially, in odd-numbered years, by the Ministry of Education and Science [es], to "books in the genres of poetry, narrative, essay, or theater, written in Spanish or Guaraní, by Paraguayan or foreign authors with at least five years of residence in Paraguay."
It was established in 1990 by Law No.
97/90, which also created the National Prize for Science, awarded in even-numbered years.
[1][2] Its jury is composed of "five people of recognized experience, suitability, and prestige in literature".
[3] Winners receive a sum equivalent to 50 times the monthly minimum wage.