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Minister Óscar Lovera confirms $80 million disbursement to the pharmaceutical sector and announces a factoring mechanism with the Central Bank of Paraguay.

Óscar Lovera, the Minister of Economy and Finance, confirmed the disbursement of US$ 80 million to settle debts with the pharmaceutical sector and announced the creation of a factoring mechanism in partnership with the Central Bank of Paraguay. This initiative will enable suppliers to assign receivables to banks with payment terms extended to 36 months.

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Paraguay Finance Minister Acknowledges Fiscal Squeeze, Announces Gradual Revenue Recovery

Paraguay's Minister of Economy, Óscar Lovera, stated that a slowdown in tax revenues since October 2025 has caused delays in payments to suppliers for the Ministries of Public Works and Health. He attributed the crisis to the appreciation of the guarani against the dollar and external factors, but assured that structural spending has not been affected and that revenues have been recovering since March.

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