Another US$ 100 mn for essential medicines
The Cabinet of Ministers has decided to allocate further US$ 100 million to procure essential medicines and supplies.
The Cabinet paper in this regard has been presented by the President in his capacity as the Minister of Finance, Economic Stabilization and National Policies considering the demand for medicines and supplies amidst the current foreign exchange crisis. Accordingly, funds of the Asian Infrastructure Investment Bank approved for two development projects will be redirected to procure medicine and supplies.
The Cabinet paper states that the Asian Infrastructure Investment Bank has also agreed to reallocate the funds considering the present climate of the country.