Inflation Erodes AIDS Levy Collections…No ARVs Procured In 2019

RUNAWAY inflation coupled with skyrocketing prices for pharmaceutical products has eroded AIDS Levy collections over the past few months, making it difficult for the National Aids Council (NAC) to procure Antiretroviral Treatment (ART) drugs from foreign suppliers, HealthTimes has learnt. By Michael Gwarisa Even though treasury gave NAC the green light to access foreign currency from banks at the prevailing Reserve Bank of Zimbabwe (RBZ) set interbank rate, the organisation has been struggling to purchase lifesaving drugs from foreign sources since suppliers only accept the United States Dollar (USD). Briefing…

Read More