• 2026.11.11 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

Paraguay Revolutionizes Drug Price Regulation to Improve Public Health

KO YONG-CHUL Reporter / Updated : 2025-03-11 18:51:01
  • -
  • +
  • Print

Asunción, Paraguay – The Paraguayan government, with technical collaboration from the Pan American Health Organization (PAHO), has implemented a groundbreaking reform in its drug price regulation. Effective November 2024, the National Directorate of Health Surveillance (DINAVISA) has adopted the new 'DINAVISA Resolution 174/2004', shifting from a pricing system based on intermediary margins to an international reference pricing model.

The core objective of this transformation is to enhance transparency in drug pricing and improve the accessibility of essential medicines for the Paraguayan population. To achieve this, a multi-sectoral 'Drug Price Observatory' has been established, strengthening the monitoring of prices and oversight of regulatory compliance.

Early results following the implementation of the new regulation have been highly positive. Notably, significant price reductions have been observed in medicines crucial for public health, such as cancer drugs. This development is expected to substantially alleviate the financial burden of healthcare on Paraguayan citizens and contribute to improved public health outcomes.

The Paraguayan government and PAHO are committed to ongoing collaboration, ensuring meticulous monitoring of the new regulation's implementation and making necessary methodological adjustments. Furthermore, they plan to conduct in-depth analyses of the regulation's economic and social impacts to maximize policy effectiveness.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • US Pushes to Deploy Special Task Force to the Korean Peninsula—Is It Also Targeting China?

  • HMM Relocates Headquarters to Busan: A New Era for South Korea's Flagship Carrier

  • Samsung Electronics Unveils 'AI Memory' Technologies and Yongin Cluster Roadmap at SEDEX 2026

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065606627382335 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Bridging Distances: Africa and the Middle East Korean Communities Forge Historic Regional Alliance in Addis Ababa
  • Beyond the Clean Bill of Health: Why You Still Feel Unwell After Normal Test Results
  • Echoes of Baek Seok in Dalian: A Poetry Recital Bridging Divides and Generations
  • Global Fossil Fuel Carbon Emissions Expected to Drop by 0.4% Despite Economic Growth
  • South Korea's Real Estate Sector Emphasizes Human Trust Amid AI Integration
  • Korea’s Trade Insurer Fuels Record-Breaking Export Drive with 100 Trillion Won in SME Support

Most Viewed

1
South Korea and Ethiopia Sign Trilateral MOU to Introduce Liquid-Based Cytology (LBC) Technology for Cervical Cancer Diagnosis
2
US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
3
World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner
4
From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates
5
Eating 100g of Baechu Kimchi Daily Linked to Lower High-Cholesterol Risks
체리가든 스토리
nutri huevos
로타리
동포저널

Hot Issue

LG Electronics and Skyscanner Partner to Bring Smart Travel Planning to Living Rooms

Regional Tourism in South Korea Struggles as Infrastructure Lags Behind Inbound Airport Growth

Miky Lee Honored with Asian Hall of Fame’s Centennial Medal for Pioneering Global K-Culture

Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • News K
  • 반달곰 프로젝트
  • 광고문의
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being 
    • 전체
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News