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


Who was behind the killing of civilians in Bor? 2014-04-22 06:50:43 By Peter Gai Manyuon "A nation that continues year after year to spend more money on military defense than on programs of social uplift is approaching spiritual death", from unknown author. (...)

Embracing victimhood to celebrate victimisation 2014-04-22 06:28:12 By Juliana Bol April 21, 2014 - It was a bit disturbing to hear news of our citizens in the IDP camps (where they are seeking protection and shelter) celebrating the recapture of Bentiu -in (...)

South Sudan: Revenge Killings is not the basis for building a modern nation 2014-04-21 05:39:31 By Steve Paterno April 20, 2014 - The theme of this article develops as a result of my extensive research and writings on a culture of revenge killings among South Sudanese communities, (...)


MORE




VIDEOS



Latest Press Releases


Sudan: No justice for protest killings 2014-04-23 21:06:10 Human Rights WatchRelease Detainees and Punish Abusive Forces (Nairobi, April 21, 2014) – Sudanese authorities have failed to provide justice for scores of civilians killed in anti-government (...)

SDFG mourn the loss of a Sudanese activist 2014-04-20 09:02:39 The Sudan Democracy First Group mourns the loss of Osman Hummaida, a towering figure of the human rights movement in Sudan, and a tireless campaigner for democracy and peace in the country. Osman (...)

UNICEF supports emergency response for children in Sudan with 89 tons of life-saving supplies 2014-04-19 09:47:06 Khartoum, 18 April 2014 --- Today in Khartoum airport, UNICEF received 89 tons of life-saving supplies to support the humanitarian response to children affected by emergencies in various hot (...)


MORE

Copyright © 2003-2014 SudanTribune - All rights reserved.