Sri Lanka Braces for Potential Medicine Shortages Due to Currency Decline and Price Regulations
2 Articles
2 Articles
Sri Lanka Braces for Potential Medicine Shortages Due to Currency Decline and Price Regulations
FINANCIAL CHRONICLE – Sri Lanka is at risk of a medicine shortage as the pharmaceutical sector struggles with regulatory constraints that prevent price adjustments despite […] The post Sri Lanka Braces for Potential Medicine Shortages Due to Currency Decline and Price Regulations appeared first on FINANCIAL CHRONICLE.
Sri Lanka likely to face medicine shortages amid rupee fall, price control
ECONOMYNEXT – Sri Lanka may face a shortage of medicines as the pharmaceutical industry is facing a challenge due to the regulator failing to allow price revisions despite the rupee fall and amid restrictive price caps, industry stakeholders say. The Sri Lanka rupee has tumbled with the Central Bank’s indicative exchange rate falling 5.6% in the last six months – from 302.6 per US dollar in October 2025 to 319.5 this week. Sri Lanka is heavily d…
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