In that case, the support by multilateral organisations can help countries divert their limited funds towards essential health services. Furthermore, production of several critical items is often concentrated within a few countries, which intensifies the impact of export measures during the time of a pandemic. High tariffsAnother major issue that has limited the ability of hospitals and medical facilities to purchase and equip themselves with important medical supplies is the presence of high import tariffs on such products. In summary, the increasing pressure on the meagre health facilities in developing countries will pose a considerable challenge to policymakers. Lack of medical facilities along with distortionary trade policies for the import of medical supplies and equipment is likely to add to the exacerbating challenge.

Source: The Express Tribune April 06, 2020 02:37 UTC