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Peru: Government provides financial support to Petroperú SA to avoid shortages of fuel

Description

On 25 October 2022, the Peruvian government adopted Emergency Decree No. 023-2022 allowing the Peruvian Public Treasury to provide a USD 500 million loan guarantee to the state-owned petrochemical com...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Oct 2022

Revocation date

26 Feb 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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