Nordic DX

Main Menu

  • Home
  • Medical devices
  • Medical products
  • Medicine importation
  • Medicine quality

Nordic DX

Header Banner

Nordic DX

  • Home
  • Medical devices
  • Medical products
  • Medicine importation
  • Medicine quality
Medicine importation
Home›Medicine importation›India rushes food and medicine to bankrupt Sri Lanka

India rushes food and medicine to bankrupt Sri Lanka

By Joseph M. Juarez
June 24, 2022
0
0
COLOMBO (Reuters) – Sri Lanka accepted a shipment of rice and pharmaceuticals from neighboring India on Friday as the island nation battles an unprecedented economic crisis that has left supermarket shelves and cupboards empty. pharmacies.
A critical shortage of foreign currency has prevented Sri Lanka from paying for enough imported food, fuel and medicine to meet demand since late last year, causing widespread hardship.
Its 22 million people have also been forced to endure prolonged daily power cuts and runaway inflation that have weighed on household budgets.

India extended $1.5 billion in lines of credit to enable Sri Lanka to continue meeting some of its food and energy needs, and Friday’s shipment followed a visit by Indian experts to aid talks.
“The two sides discussed at length the future course of India’s aid package to stabilize and revive the Sri Lankan economy,” Sri Lankan President Gotabaya Rajapaksa’s office said after the meeting.

A severe fuel shortage has brought Sri Lanka to a standstill this week, with parliament canceling two sitting days to help save fuel.
Last week the United Nations appealed for emergency food aid after a survey showed four in five Sri Lankans were skipping meals to cope with the crisis.
A US Treasury delegation is expected in the capital Colombo next week to assess the crisis, with Prime Minister Ranil Wickremesinghe telling lawmakers on Wednesday that the national economy had reached the point of “complete collapse”.
Sri Lanka has already defaulted on its $51 billion foreign debt and is in bailout talks with the International Monetary Fund, which could take months.

Categories

  • Medical devices
  • Medical products
  • Medicine importation

Recent Posts

  • Active Implanted Medical Devices Market Size, Scope, Growth Opportunities, Trends by Manufacturers and Forecast to 2029 – Instant Interview
  • FDA imports drugs for SMA patients
  • Utah Medical Products Announces Quarterly Dividend
  • Latin America Implantable Medical Devices Market Share Growth Strategy 2022, Development Technologies and Forecast 2027 – Instant Interview
  • Kenya and Novo Nordisk sign MoU to provide medical products to children with diabetes

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • March 2021
  • February 2021
  • January 2021
  • November 2020
  • October 2020
  • May 2020
  • April 2019
  • December 2018
  • January 2018
  • Privacy Policy
  • Terms and Conditions