Shortage of medical supplies prompts the prices to rise by 40 %

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Mawlamyine, July (30)

The price of medical supplies has surged by 40 percent after the shortage of medicines imported from abroad in Mon State, the pharmaceutical entrepreneurs told Than Lwin Times.

Drug prices continue to rise due to the military council’s control over the dollar and import permits, leading to shortages of medical supplies in the market.

With the shortage of medicine, the price has increased by 30% to 40% in the market, depending on the type of medicine.

“There were difficulties with imports since two or three months before the junta controlled the dollar. At that time, there was a shortage of medicine, but now it is getting worse.

The price of medicine also increased by 30 to 40 percent,” one dealer said.

Due to drug shortages, some companies have stopped selling while the others sell with quotas.

Therefore, if the military council does not address the import permit issue right away, it may have a severe medicine shortage, the traders said.

The Mon State sees an increase in panic buying as people worry about a shortage of medical supplies, and medicine for diabetes, hypertension and heart disease are almost in short supply.

Myanmar mainly imports medicine and related medical supplies from Thailand, China and India, and is having difficulty importing them due to restrictions imposed by the junta after the coup.

News – Than Lwin Times

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