‘Pharma industry in ICU’: Doctors stop surgeries amid shortage of medicines in Pakistan

This photo, taken on February 9, 2023, customers buy medicine from a medical supply store in Karachi, Pakistan. (Photo courtesy: REUTERS)
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Updated 31 March 2023
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‘Pharma industry in ICU’: Doctors stop surgeries amid shortage of medicines in Pakistan

  • Manufacturers say they have stopped manufacturing 1,300 brands amid escalating production cost
  • Drugs for cancer treatment, insulin, anesthesia, vaccines and several others remain in short supply

ISLAMABAD/KARACHI: Pakistani doctors have suspended surgeries to cover for emergency cases amid an acute shortage of some life-saving medicines, a representative said on Thursday, with drug manufacturers saying the pharma industry is currently “in ICU (Intensive Care Unit)” amid an economic crisis in the South Asian nation.

Pakistani health facilities are facing a shortage of critical medicines, including oncology products, plasma-derived products, vaccines, recombinant biologicals, equine serum products, cardiac enzymes and specialized hormones, insulin, and mostly importantly the general anesthesia used in operation theaters, according to doctors and pharmacists. 

The shortage has surfaced after manufacturers and importers stopped supplies to health facilities, citing the rising cost of manufacturing amid high inflation and massive devaluation of the local currency. Doctors say the situation has forced them to delay their routine surgical operations for the sake of any emergency cases.

“The overall situation is critical, routine operations have been stopped by most of doctors for the time being just to cover the extreme emergency cases that can’t be delayed or avoided,” Dr. Abdul Ghafoor Shoro, general secretary of the Pakistan Medical Association (PMA) that represents Pakistani doctors, told Arab News.

Shoro said the situation was tough for patients who were the victims of the current medicine crisis in the South Asian country.

“Patients are suffering mostly due to the shortage of medicines,” he said. “Every day we receive complaints that the operations have been postponed due to the shortage of relevant medicines, the situation persists for last three months.”

Shoro said medicines used for diabetic treatment were out of stock that hit particularly young insulin-dependent patients.

“Young diabetic patients are solely dependent on injectable insulin as tablets are not effective treatment,” the PMA official said. “The shortage is severely hurting young patients.”

The manufacturers said supply of more than 1,000 brands had been stopped due to the rising cost amid the government’s inaction on price adjustment according to the rising inflation and dollar-rupee disparity.

“Manufacturers have stopped manufacturing and supply of 1,300 brands of drugs as they face a financial crunch for the last three months,” Syed Farooq Bukhari, chairman of the Pakistan Pharmaceutical Manufacturers Association (PPMA), told Arab News.

“Despite the losses, pharma companies are operating just to honor our long-term supply commitments with hospitals. Pharma companies are now operating at 50-60 percent capacity.” 

The PPMA chief said manufacturing firms were not asking for raise in their profits, but only price adjustment so that they could survive. 

“The pharma industry is now in the ICU... it would collapse,” Bukhari said. “Operational cost has increased manifold due to rupee devaluation, energy price and transportation cost hikes.”

The inflation in the South Asian country hit a 50-year high of 31.5 percent in February, triggering the overall costs.

On Monday, the Pakistani government deferred a decision to raise prices of 119 medicines and 54 new drugs. The move prolonged the stand-off with the pharma industry. 

The PPMA chief said authorities agree in meetings with the demand of the industry, but take no action to minimize the losses through price adjustment.

Pakistani health officials say the drug price adjustment was the prerogative of the federal government and the prime minister could approve it.

“The decision to increase or decrease drug prices is the prerogative of the federal cabinet,” Sajid Hussain Shah, a spokesperson for the Pakistani health ministry, told Arab News. “Only the cabinet can decide if there will be any price increases, and the prime minister can approve the cabinet’s decision.”

The current crisis has severely hit the profitability of the multinational pharmaceutical companies in Pakistan and some of them have even suspended their operations, according to manufacturers. 

“Majority of multinational companies are making essential and lifesaving drugs, but their profitability continues to dwindle and some of them have stopped operations in Pakistan,” Tauqeerul Haq, managing director of Sante Pharma, told Arab News. 

“The rupee has devalued by around 70 percent since July 2021, but the prices have not been raised since accordingly. Now production of 1,300 brands has been stopped and if the situation persists, the number will cross 2,000.”

Haq said the prices have been capped at 7 percent for essential and 10 percent for non-essential medicines, which in the current situation are unrealistic.

“At least 35 percent price hike of medicine would be required under current situation,” he added.

The Overseas Investors Chambers of Commerce and Industry (OICCI), a representative body of overseas investors that also includes pharma companies, has also approached the government for the resolution of the crisis. 

“The input cost of the companies has substantially increased due to rupee devaluation and rise in the price in global market, but in Pakistan they are not allowed to adjust the prices,” Abdul Aleem, the OICCI secretary general, told Arab News. 

“We are telling the government that the products international companies are making in Pakistan are very critical and if the production stops, it will take time to restart. The supply chain should not be disrupted.” 

Aleem said many multinationals had warned of stopping their operations as their capacity reduced.

The situation is also painful for pharmacies across Pakistan and some of them have cut down their workforce and scaled down operations. 

“There are around 100-200 medicines short in the market and the situation is tough for pharmacies because they are the first ones who face patients,” Sardar Shabir Ahmed, chairman of the Pakistan Pharmacists Association (PPA), told Arab News.

“The current situation has forced many pharmacies to cut down their operations and lay off staff. Most recently a pharmacy in Lahore has been shut down, leaving around 350 people jobless. The livelihood of thousands of workers associated with the pharmacy business is at stake.”

Pakistani drug importers and dealers have also approached the government, seeking price adjustment of mainly imported goods to save their business from a “complete collapse.”

“The prices are fixed and the cost of medicines and raw material in global market has surged manifold while at home the cost of fuel, electricity, freight charges and packing material etc has substantially increased,” Abdul Samad Budhani, who speaks for the Pakistan Chemist and Druggists Association, told Arab News. 

“We have urged the government to immediately review the Drug Pricing Policy 2018 for the adjustment of prices of imported drugs.”

Manufacturers and retailers say the current situation has created black marketing of drugs in Pakistan. 

Pakistan imported medicinal products worth $944 million from July till February this fiscal year, which was 74.12 percent less than the imports in the same period last year, according to official data.


Pakistan weekly inflation increases for third week in a row

Updated 28 December 2024
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Pakistan weekly inflation increases for third week in a row

  • Pakistan’s annual consumer inflation slowed to 4.9 percent in November, lower than the government’s forecast
  • Major increase observed in prices of chicken, tomatoes, sugar, vegetable ghee, liquefied petroleum gas and soap

ISLAMABAD: Short-term inflation, measured by the Sensitive Price Index (SPI), has risen to 5.08 percent in Pakistan on a year-on-year basis, the country’s statistics bureau said this week, with an increase observed in prices of edible items.
The SPI, which comprises 51 essential items collected from 50 markets in 17 cities, is computed on a weekly basis to assess the price movement of essential commodities at shorter interval of time so as to review the price situation in the country.
The SPI for the week ending on Dec. 26 increased by 0.80 percent as compared to the previous week, according to the Pakistan Bureau of Statistics (PBS). This is the third time short-term has increased in the South Asian country. Weekly inflation last decreased by 0.34 percent in Pakistan in the week ending on Dec. 5.
“During the week, out of 51 items, prices of 17 (33.33 percent) items increased, 10 (19.61 percent) items decreased and 24 (47.06 percent) items remained stable,” it said in a report.
Major increase was observed in prices of chicken (22.47 percent), tomatoes (20.75 percent), sugar (2.19 percent), vegetable ghee 1 kilogram (1.17 percent), firewood (0.95 percent), cooking oil 5 liter (0.74 percent), cooked beef and mustard oil (0.69 percent) each, liquefied petroleum gas (0.18 percent) and washing soap (0.09 percent).
The items that recorded a decrease in prices included onions (8.13 percent), potatoes (2.38 percent), bananas (0.68 percent), rice (0.50 percent) and eggs (0.30 percent).
Pakistan’s annual consumer inflation slowed to 4.9 percent in November, lower than the government’s forecast, according to the PBS. The finance ministry had projected inflation would slow to 5.8 percent-6.8 percent in November and ease to 5.6 percent-6.5 percent in December.
Consumer inflation cooled from 7.2 percent in October, a sharp drop from a multi-decade high of nearly 40 percent in May 2023.


Ex-FM slams ‘foreign interference’ in Pakistani politics, vows to defend nuclear program

Updated 28 December 2024
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Ex-FM slams ‘foreign interference’ in Pakistani politics, vows to defend nuclear program

  • Bhutto-Zardari’s statement comes days after the US imposed sanctions on entities related to nuclear-armed Pakistan’s missile program
  • It also follows Trump nominee Richard Grenell’s call for the US administration to push for ex-PM Imran Khan’s release from Pakistan jail

ISLAMABAD: Former Pakistani foreign minister Bilawal Bhutto-Zardari on Friday slammed “foreign interference” in Pakistan’s politics, saying that its real target was the South Asian country’s nuclear program.
Bhutto-Zardari’s statement came days after US President-elect Donald Trump’s special envoy nominee Richard Grenell urged President Joe Biden’s administration to use its last days in power to push for former prime minister Imran Khan’s release from prison so he could run for office in Pakistan.
Grenell has been in the news in Pakistan in recent weeks over social media posts calling for the release of Khan. His comments came more than a week after the US State Department imposed sanctions on four entities related to nuclear-armed Pakistan’s long-range ballistic-missile program, including on the state-owned defense agency that oversees the program.
Speaking at his Pakistan Peoples Party rally in Larkana, Bhutto-Zardari said Pakistan was currently facing internal issues, economic crisis and a surge in militancy as well as several difficulties on the external front, which required unity of all political stakeholders.
“No one is worried about Pakistan’s democracy, human rights or about a prisoner in Pakistan,” he said, without naming anyone.
“Imran [Khan] is only an excuse, but the target is Pakistan’s atomic program.”
Bhutto-Zardari said Pakistan’s opponents were looking at the country’s nuclear capability with an “evil eye.”
“They wish that no Muslim country should have such [nuclear] power and they are trying to deprive you of this power some way or the other,” he said.
“As long as the Pakistan Peoples Party is there, we will not let anyone make a compromise on our atomic power.”
Speaking to reporters on Thursday, Pakistan’s Foreign Office Spokesperson Mumtaz Zahra Baloch declined to comment on Grenell’s statement, while Pakistan’s Defense Minister Khawaja Asif this week alleged that Western voices backed by Israel were demanding Khan’s release from prison as part of an “anti-Pakistan campaign.”
Pakistan has been gripped by political unrest and uncertainty since Khan’s ouster from power through a parliamentary no-confidence vote in April 2022. He blames his removal from the PM’s office on his political rivals led by PM Shehbaz Sharif and the all-powerful military. Both reject the charge.
Khan has been in jail since August last year on a slew of cases he says are politically motivated to keep him away from power.


Pakistan’s cabinet approves policy guidelines for trade in carbon market

Updated 28 December 2024
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Pakistan’s cabinet approves policy guidelines for trade in carbon market

  • The new guidelines will establish regulatory framework for governing both voluntary and compliance carbon market activities
  • These markets are carbon pricing mechanisms that enable governments, non-state actors to trade greenhouse gas emission credits

ISLAMABAD: Pakistan’s federal cabinet on Friday approved policy guidelines for trade in carbon markets that help channel financial resources to reduce carbon emissions and mitigate their contribution to climate change.
Carbon markets are carbon pricing mechanisms enabling governments and non-state actors to trade greenhouse gas emission credits. There are two types of carbon markets: compliance and voluntary. In compliance markets such as national or regional emissions trading schemes, participants act in response to an obligation established by a regulatory body.
In voluntary carbon markets, participants are under no formal obligation to achieve a specific target. Instead, non-state actors such as companies, cities or regions seek to voluntarily offset their emissions, for example, to achieve mitigation targets such as climate neutral, net zero emissions.
The new guidelines aim to establish a clear regulatory framework for governing both voluntary and compliance carbon market activities in Pakistan, following international requirements and good practices.
“The federal cabinet approved policy guidelines for trading in the carbon market on the recommendation of the Ministry of Climate Change and Climate Coordination,” Prime Minister Shehbaz Sharif’s office said in a statement after the meeting.
Pakistan’s Ministry of Climate Change marked Nov. 16 as the Pakistan Pavillion’s “Carbon Market Day” and organized a high-level event on carbon markets at the UN COP29 climate summit to cement Pakistan’s commitment to participation in the new global carbon market.
Nearly 200 governments agreed on the framework that sets up a centralized global mechanism with clear rules and procedures for countries and companies involved in carbon credit transactions.
Pakistan’s policy guidelines aim to foster investments in energy, agriculture and forestry sectors, according to state media. Through these carbon markets, businesses will be encouraged to adopt eco-friendly technologies and reduce greenhouse gas emissions.
Under Article 6 of the Paris Agreement Crediting Mechanism (PACM), developing countries can host emissions reduction and removal projects and trade the resulting carbon credits internationally as a means to generate new revenue streams and unlock investment in ambitious climate action.
Pakistan’s “Carbon Market Policy Guidelines” outline a cohesive strategy and authorization criteria, which prioritizes investment in resilience and climate change adaptation, and works closely with provincial governments, the UN Environment Program says on its website.
“While these guidelines offer cultural and geographical nuance for each province’s differential needs, they set stringent quality control criteria, thus ensuring high-quality project development with substantial co-benefits. Finally, countries will experience a competitive and cost-efficient framework that emphasizes fairness in benefit distribution,” the document says.
A number of project opportunities have already been identified on the basis of which the government of Pakistan intends to initiate dialogues on Article 6 collaboration, according to the UN.


Bosch, Jansen put South Africa on top against Pakistan

Updated 28 December 2024
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Bosch, Jansen put South Africa on top against Pakistan

  • Bosch, batting at number nine, enabled South Africa to take a 90-run first innings lead
  • Bowlers made it count by taking three wickets before Pakistan could wipe out the deficit

CENTURION: Debutant Corbin Bosch hit 81 not out and left-arm fast bowler Marco Jansen claimed two late wickets as South Africa took control on the second day of the first Test against Pakistan at SuperSport Park on Friday.
Bosch, batting at number nine, enabled South Africa to take a 90-run first innings lead — and the bowlers made it count by taking three wickets before Pakistan could wipe out the deficit.
Pakistan finished the day on 88 for three — still two runs behind.

Pakistan’s Babar Azam plays a side shot during day two of the Test cricket match between South Africa and Pakistan, at the Centurion Park in Centurion, South Africa, on December 27, 2024. (AP)

South Africa would qualify for next year’s World Test Championship final for the first time with a victory in either match of this two-Test series.
The contest was evenly poised when opening batsman Aiden Markram was eighth man out for 89 with South Africa on 213 for eight — just two runs ahead of Pakistan’s first innings total of 211.
Four South African wickets had fallen for 35 runs either side of lunch, with Naseem Shah taking three in a fiery spell, and it seemed probable the sides would start the second innings almost on level terms.

Pakistan’s Naseem Shah bowls during day two of the Test cricket match between South Africa and Pakistan, at the Centurion Park in Centurion, South Africa, on December 27, 2024. (AP)

But Bosch, who has a first-class batting average above 40, batted with freedom and a wide variety of strokes as he shared stands of 41 with Kagiso Rabada (13) and 47 with Dane Paterson (12) to turn a narrow lead into a substantial one.

Bosch hit 15 fours in a 93-ball innings.
“It was a huge momentum shift and it was probably worth more than a hundred,” said Markram, who captained Bosch and Rabada when South Africa won the Under-19 World Cup in Dubai in 2014.

It was the continuation of a remarkable debut for Bosch, 30, who took four for 63 in the first innings and was clocked at 147kmh, the fastest of any bowler in the match.
Bosch, whose Test cricketer father Tertius died when Corbin was five years old, was low on the list of potential Test fast bowlers at the start of the season.
But a lengthy list of injuries to bigger-name players, as well as good recent form, opened the door for him.
“He’s a really talented guy and in the last few years he’s really put his head down and worked to get his opportunity,” said Markram.
Bosch shared the new ball with Kagiso Rabada at the start of Pakistan’s second innings but did not take a wicket and left the field at the end of a three-over stint.
Saim Ayub and Shan Masood, who both made 28, put on 49 for the first wicket before Rabada bowled Ayub.

South Africa’s Marco Jansen (second right) celebrates with his teammates after taking the wicket of Pakistan’s Shan Masood during day two of the Test cricket match between South Africa and Pakistan, at the Centurion Park in Centurion, South Africa, on December 27, 2024. (AP)

Jansen followed up by having Masood caught at third slip and first innings top-scorer Kamran Ghulam caught at gully for eight before bad light stopped play.
Markram said it was a typical Centurion pitch, providing assistance for the fast bowlers.

“While I was batting it did feel that at any time the ball could nip past your edge,” he said.
Markram cautioned South Africa would need to bowl well to press home their advantage on Saturday.
“If you’re not going to land the ball in the right areas it’s still going to be nice to bat on,” he said.


Pakistan’s deputy PM praises late Manmohan Singh for fostering regional peace

Updated 28 December 2024
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Pakistan’s deputy PM praises late Manmohan Singh for fostering regional peace

  • Ishaq Dar says former Indian premier relied on dialogue and believed in collective progress
  • Deputy PM’s statement comes at a time of strained diplomatic ties between India and Pakistan

ISLAMABAD: Pakistan’s Deputy Prime Minister Ishaq Dar on Friday expressed grief over the death of former Indian Prime Minister Manmohan Singh, praising his leadership for prioritizing dialogue and mutual understanding to address regional issues, which improved ties between the two nuclear-armed rivals.
Singh, an economist and the first Sikh to serve as India’s premier, passed away on Thursday at the age of 92. Born in Gah, a village in what is now Pakistan’s Chakwal district, Singh’s family migrated to India following the partition in 1947.
He studied at Oxford and Cambridge, earning recognition as a scholar before spearheading economic reforms that lifted India out of a financial crisis in the early 1990s.
“His approach to regional issues reflected his belief that mutual understanding, dialogue, and cooperation were essential for collective progress,” Dar said in a social media post on X, formerly Twitter. “He played a notable role in improving Pakistan-India bilateral relations during his tenure as Prime Minister.”

 


He added “the people and the Government of Pakistan extend their heartfelt condolences to Dr. Manmohan Singh’s family, and to the people and the Government of India.”
The deputy prime minister’s statement comes at a time of strained diplomatic ties between India and Pakistan, with both countries having downgraded their bilateral relations in 2019 following India’s revocation of Jammu and Kashmir’s special constitutional status.
Regular border skirmishes and accusations of cross-border militancy have further exacerbated tensions.
Singh is widely regarded as a key architect of India’s economic liberalization, credited with steering the country through a severe balance-of-payments crisis in 1991 as finance minister.
His tenure as prime minister was characterized by steady economic growth and efforts to improve relations with neighbors, though his critics cite challenges in domestic and foreign policy toward the end of his term.