Monday, May 20, 2024

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Shortage of essential medicines – possible price hike in future

Trade unions responding to the health sector have warned of a potential shortage of essential medicines in both the public and private sectors in the next two weeks.

Pointing out the possibility of such a shortage being grown into a crisis, the trade unions revealed that this is mainly due to the fact that letters of credit (LC) are not being opened for the drug importers amid the dollar deficit.

As of now, medicines required for cancer and renal diseases are suffering from a shortage, reports added.

However, the government goes on saying that necessary measures have been taken to import medicines without causing any shortage.

The National Medicines Regulatory Authority stated that steps will be taken to surge the price of medicines.

Drug importers on the other hand have demanded that the price control imposed on 75 medicines be lifted upon any increase of the prices.


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