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*Pharmaceutical Sector Rationing Stocks Due To Drug Shortages* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?dc The pharmaceutical sector has raised alarm at the inadequate foreign currency allocated to the sector by the Reserve Bank of Zimbabwe saying that stocks of drugs have depleted to unsustainable levels. Pharmaceutical Wholesalers’ Association (PWA) chairperson Valerie Musere told The Standard, ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- > The situation is not improving much resulting in wholesalers having to ration stock in order to remain viable and manage the situation. The outstanding balances up to the end of June 2018 stand at $25 million…The last allocations were done in May. Second quarter allocations were about half of the first quarter (about $8 million vs $15 million). As an industry, we would benefit much if the central bank were to constantly supply foreign currency at $4 million weekly as per promise. Pharmaceutical Society of Zimbabwe president Portifa Mwendera added, > It’s sad to note that we have not had much joy from the RBZ in terms of forex allocation to service the arrears. More: The Standard itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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