Posted on 04/30/2022 3:37:11 PM PDT by nickcarraway
Cash-strapped Sri Lanka announced a 40 per cent price hike for dozens of commonly used medicines on Saturday (Apr 30) as the island nation labours through its worst economic crisis in decades.
Months of lengthy blackouts and acute shortages of food, fuel and pharmaceuticals have sparked widespread protests calling for the government's resignation.
Antibiotics, non-prescription painkillers and medications for heart conditions and diabetes will all be subject to the price rise, Health Minister Channa Jayasumana said.
It is the second time in six weeks that pharmaceutical prices have been raised. In mid-March, a 30 per cent increase was imposed.
(Excerpt) Read more at channelnewsasia.com ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.