FINANCIAL NEWS

Egypt’s Health sector needs USD2.6bn from foreign exchange

04 Oct 2016

(MENAFN) Egypt’s Prime Minister called for the development of a plan for its health and medicine sectors to be secured at USD2.6bn annually.Moreover, the government wants pharmaceutical factories to continue working at full capacity in order to meet the needs of the regional market and exports.Meanwhile, the sector full requirements include components of drugs, raw materials, finished pharmaceuticals, blood products and others. On the other hand, the CBE launches a weekly tender worth USD120mn in order to offer the needs of banks to import basic goods.

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