Bangladesh donates $2.2 million worth of drugs to Sri Lanka

ECONOMYNEXT – Bangladesh donated medical supplies worth US$2.2 million to Sri Lanka on Monday (03), the Sri Lankan government’s information department announced.

The donation was handed over by Bangladesh High Commissioner Tareq Md Ariful Islam to Sri Lankan Health Minister Keheliya Rambukwella.

Due to currency shortages and the collapse of the Rupee, Sri Lanka is currently facing a severe shortage of medicines in the country, with 76 essential medicines still out of stock for distribution within the medicine industry. health.

Due to drug shortages, many public hospitals have postponed or limited their routine surgeries to save drug stocks available for emergency purposes.

The government statement said the donation consists of 79 essential drugs, including anticancer drugs, antihypertensives, oral and injectable antibiotics, antivirals, antiepileptics and antiasthmatics.

Previously, two consignments of medicine had been donated by India and France.

Sri Lanka is facing a drug shortage after money printing led to a currency crash and a shortage of foreign exchange, analysts say.

Suppliers had also blamed National Medical Regulatory Authority (NMRA) price controls for the shortages.

Sri Lanka has a middle-tier central bank that the country’s economists abuse to print money to stimulate growth (monetary stimulus or output gap targeting) and trigger currency crises. (Colombo/Jun01/2022)

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