FINANCIAL NEWS

Qatar’s medicine imports up 20.5 percent in Q3

03 Jan 2015

(MENAFN) Qatar’s total value of imports of medicinal and pharmaceutical products jumped 20.5 percent to USD116.26 million in the third quarter of 2014, The Peninsula Qatar reported.

The third-quarter figures jumped over USD 96.79million registered in the second quarter, according to the Quarterly Bulletin on foreign merchandise issued by the Ministry of Development Planning and Statistics.

The decline in the prices of medicines is the result of a GCC decision to unify import prices in member countries which came into effect in Qatar in the last week of September 2014.

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