Home | News    Thursday 16 January 2014

Sudan’s drug imports reached €600 million: lawmaker

separation
increase
decrease
separation
separation

January 15, 2014 (KHARTOUM) – The member of Sudan’s parliamentary subcommittee on Finance and Economy, Babiker Mohamed al-Tom, said that imports of drugs amounted to €600 million and called upon the government to encourage local pharmaceutical industry.

In press statements on Wednesday, al-Tom called for developing a clear vision on expanding domestic pharmaceutical production through attracting capital investments, supporting research centres and strengthening scientific standards of the drug industry.

“We can depend on external scientific standards particularly from Arab countries while we develop our own”, he said

Al-Tom further pointed that Sudan could authorise the use of all drugs approved in the Arab Gulf states.

Last November, Sudan’s Drug Importers Chamber (DIC) revealed that 31 foreign pharmaceutical companies refused to deal with Sudan until outstanding credits amounting to $90 million are repaid and accused the Central Bank of Sudan (CBoS) of failing to provide the necessary foreign exchange for drug importation.

The DIC renewed its call for the allocation of a portion of gold revenues for drugs importation rather than revenues from other non-oil exports which only provides for 30 to 40% of actual needs.

It noted that inability to provide foreign currency for drug importers is the main reason for recent increases in drug prices, stressing that several pharmaceutical companies were forced to shut down over lack of hard currency.

After South Sudan’s independence in mid-2011, Khartoum lost access to more than three-quarters of the oil reserves that were the main driver of an economic boom that lasted for much of the last decade.

Since then the government has struggled with a shortage of hard currency and revenue as the pound sank in value on the widely used black market and inflation soared.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Al-Bashir’s decree fell short of Sudan’s demands 2014-04-17 09:57:38 By Mahmoud A. Suleiman Ampril 16, 2014 - This article comes against the backdrop of the Decree number 158 of 2014 passed by the National Congress Party (NCP) president Marshal Omer Hassan Ahmed (...)

Why hiring a lawyer if you can buy a judge 2014-04-17 09:11:43 By Dong Samuel Luak April 16, 2014 - Many people in South Sudan are asking, how long did it take President Salva Kiir to plan all this tragedy befalling our young country now? Recruitment, (...)

Abyei: Peace cannot be achieved through partial solutions 2014-04-16 06:23:14 By Maiwen Dot Phoet April 15, 2014 - Over the past month, reports received from sources on the ground in Abyei confirm the withdrawal of soldiers affiliated with South Sudan’s army and police (...)


MORE




VIDEOS



Latest Press Releases


Letter to the South Sudanese government on the ratification of the African Charter 2014-04-16 06:24:18 Letter to the Government of South Sudan on the ratification of the African Charter H.E. Salva Kiir Mayardit President of the Republic of South Sudan Juba, South Sudan CC: Dr. Barnaba Benjamin (...)

In Sudan, at least 26,000 primary school children risk repeating an entire school year 2014-03-21 08:42:00 UNICEF SUDAN PRESS RELEASE In Sudan, at least 26,000 primary school children risk repeating an entire school year Khartoum, 20 March 2014 --- Primary school-aged children in Sudan are in (...)

Civil society groups call on AUPSC to support holistic peace in Sudan 2014-03-11 07:22:46 An Open Letter from Sudanese Civil Society Addressing the Meeting of the African Union Peace and Security Council (PSC) on the Humanitarian and Political Crises in Sudan H.E. President Thabo (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.