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Global Trade Alert

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Bolivia: Government creates the public pharmaceutical company LIFAB

Description

On 12 October 2023, the national government of Bolivia approved Supreme Decree 5040 creating the public company Pharmaceutical Industry Laboratory (Laboratorio Industria Farmacéutica Boliviana or LIFA...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

12 Oct 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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