Thursday, February 9, 2023

Health Ministry fears medicine crisis in country

Health Ministry fears medicine crisis in country

ISLAMABAD (92 News) - The Health Ministry has written a letter to the Finance Ministry, fearing a crisis of medicines in the country in coming days.

In the letter, it stated that pharmaceutical companies are left with raw material for a few days. "The medicine crisis could occur if the government did not open the Letters of Credit (LCs) for the raw material," it added.

Meanwhile, the Pakistan Pharmaceutical Manufacturers Association (PPMA) office-bearers claimed that the Indian and Chinese companies are not giving the raw material to Pakistanis on credit.

They also feared a serious crisis of medicines and devices in the country if the LCs are not opened immediately.

On the other hand, the State Bank of Pakistan spokesman said that there is no ban on the import of petroleum and pharmaceutical products. He asked the PPMA to point out the banks not opening the LCs for the pharmaceutical imports.