Import Registration for Pharmaceuticals Down 9%

EghtesadOnline: Import order registration for $1.96 billion worth of pharmaceuticals and medical equipment has been made from March 20 to Sept. 5, indicating a 9% decline compared with the corresponding period of last year, the head of Iran Food and Drug Administration said.

News ID: ۷۸۵۶۲۵

14 September 2020

“Foreign currency allocation by the Central Bank of Iran for the import of pharmaceuticals and medical equipment has declined by 21% during the period under review to stand at $1,402 million,” Mohammad Reza Shanehsaz was also quoted as saying by the Persian-language daily Etemad.

“The actual forex provision for pharmaceutical imports stood at $969 million, registering a 43% decline year-on-year. In general, forex provision in the first half of the current year declined by 51% compared with the same period of last year,” he added.