Sri Lanka climbs cost of drugs 40% in the midst of monetary emergency

Sri Lanka climbs cost of drugs 40% in the midst of monetary emergency

Sri Lanka climbs cost of drugs 40% in the midst of monetary emergency

Sri Lanka climbs cost of drugs 40% in the midst of monetary emergency

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Sri Lanka has forcefully expanded costs of ordinarily utilized prescription, the second such ascent in about a month and a half, as it battles to manage a financial emergency.

Anti-infection agents, certain pain relievers and prescription for heart conditions are among those hit by a 40% increase.

Sri Lankans have needed to take short courses of drugs or look abroad for provisions.

The public authority says it has no other choice than to expand the expense of drug items.

It follows measures to help slow the depletion of foreign exchange reserves amid a crippling financial crisis.

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Among the measures were restrictions or bans on the import of some essential goods, including foods and medicines.

“This is not something that government is doing willingly,” Nalaka Godahewa, Sri Lanka’s minister for mass media told the BBC.

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He said the devaluation of the rupee and the fact that most medicine is imported by the private sector meant the government had no choice, otherwise there would be a serious shortage.

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Some fear that even for those willing and able to pay higher prices, some medication is in short supply.

Velupillai Wigneswaran who lives in the central Ratnapura district, has been trying to find prescription tablets for his sister, who suffers from a serious neurological disorder, for the past year.

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“We tried several pharmacies but the medicines are not available. Doctors have advised us not to take different medicine. We are trying to get the tablets from India through our friends,” he said.

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