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Health In Armenia To Cost 30% More Expensive

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  • Health In Armenia To Cost 30% More Expensive

    HEALTH IN ARMENIA TO COST 30% MORE EXPENSIVE

    PanARMENIAN.Net
    06.03.2009 13:54 GMT+04:00

    /PanARMENIAN.Net/ The prices for medicine have gone up 30% as result of
    dram devaluation. Costs of infant food will also increase, according to
    a survey conducted by a PanARMENIAN.Net in the capital's drug stores.

    Natalie Pharm company managers said they will review prices. Given 12%
    customs duties and 20% VAT, the prices will go up, they said.

    The CB Tuesday decision on transition of floating rate, the
    dram-to-dollar rate reached AMD400/$1. The next day the currency
    market stabilized in some way and the rate was fixed at AMD373/$1.

    The prices for imported goods have gone up 10-12%. Meanwhile, NGO
    researches testify a 25-30% increase.

    Armenian Prime Minister promised that the process will stabilize
    within next few days and will not be shocking for the population.
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