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Import Registration for Pharmaceuticals Down 9%

Import Registration for Pharmaceuticals Down 9%Import Registration for Pharmaceuticals Down 9%

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.
“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.

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