Latin America
Related: About this forumScarcity of pharmaceutical products at 50% in Venezuela
Scarcity is overarching. Food, personal care products, household cleaning items, vehicles and even drugs, as confirmed by the Central Bank of Venezuela (BCV).
Based on data supplied by the BCV, ending March, shortage of pharmaceutical products amounted to 50%. The BCV report verifies the plight underwent day by day by patients.
Chambers and associations in the health sector have warned for months against "suffocation" due to delays in settlement of foreign currency allocated at the official exchange rate. As a result, final products, raw materials and inputs cannot be imported.
The Chamber of the Pharmaceutical Industry (Cifar) gave the latest notice. In a press release in early April, Cifar advised that the impossibility to pay the debt to providers could add troubles to supply the domestic market.
http://www.eluniversal.com/economia/140505/scarcity-of-pharmaceutical-products-at-50-in-venezuela
terip64
(1,576 posts)COLGATE4
(14,732 posts)is that of the wheels coming off the economy in Venezuela.
Bacchus4.0
(6,837 posts)COLGATE4
(14,732 posts)Bacchus4.0
(6,837 posts)COLGATE4
(14,732 posts)to the top 5% oligarchs