16:31 - 10.07.2023

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July 10, Fineko/abc.az. Where medicines are plentiful and available, prices are also expected to be optimized, ABC.AZ quotes MP Rashad Mahmudov.

According to the MP, increase in drug prices is explained by the lack of their registration.

"For example, in Türkiye, which is 75% dependent on pharmaceutical imports, there has been a significant increase in drug prices over the past 6 months. And this is due to inflation around the world and the demand for food on the world market. A violation of the demand for food leads to problems in the foreign exchange market.

According to statistical data, of the $7 bn spent by the state on medicines in the fraternal country for 2022, $5.2 billion accounted for imports. This means that at least 75% to 80% of the medicines used to treat people are imported from foreign countries. Türkiye ranks 21st in the world in the production of medicines," he said.