The Central Bank of Iran governor says the bank made available subsidized forex ($1=285,000 rials) worth $3.5 billion for medicine import in the current Iranian year (started March 21).
“Considering the need for medical equipment and medicine, a sum of $3.5 billion is allocated for importing medicine, raw material and medical equipment in the current fiscal" Mohammad Reza Farzin was quoted as saying by the CBI website in a meeting with CEOs of pharma companies and Health Ministry officials.
"To help accelerate medicine import, the CBI is ready to pay $400 million every month during the first three months of the year," Farzin said.
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