Exclude the health sector from Circular 573



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The Lebanese Pharmacists Union requested the Governor of the Banque du Liban to reconsider the content of Circular No. 573 and indicated in a statement that “after the issuance of Circular BDL No. 573 by virtue of which drug importing companies were required to pay the amounts owed to the Bank of Lebanon for “The Lebanese pound in cash. Importing companies deliberately required pharmacies and pharmacy-owning pharmacists to pay for the value of their cash purchases in Lebanese pounds and not by checks or Bank transfers”.

The statement adds: “Given that this decision was placed on the shoulders of the pharmacist, who suffers from financial and economic problems that weigh on his shoulders and is on the verge of a comprehensive collapse, the burden of ensuring liquidity to cover his purchases, therefore that you are required to keep cash in your pharmacy or home, which increases the risk of theft. And it endangers his life, on the one hand, and on the other hand, the pharmacist will have to stop dealing with the guarantors that cover a large number of patients who will not be able to buy the medicine, because as you know the guarantors do not pay their obligations cash, which will push the pharmacist to stop dealing with their customers. .
He continued: “His Excellency the ruler, this tragic situation, if it continues, will have catastrophic repercussions in the pharmaceutical sector. Therefore, we ask you to reconsider the content of Circular No. 573 and exclude the health sector: pharmacies, warehouses and hospitals , in order to preserve the remaining capabilities of this “. The sector will continue in these difficult circumstances ”.



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