Addis Ababa, May 10, 2025 (ENA) — According to the Ethiopian Pharmaceutical Supply Service (EPSS), the macroeconomic reforms have notably increased the role of the private sector in supplying medicines within the nation.
Since July 2024, Ethiopia has been carrying out extensive macroeconomic reforms aimed at addressing foreign exchange discrepancies, bolstering the balance of payments, establishing a new monetary policy framework, and controlling inflation.
Significant progress has been made in numerous sectors during the last nine months, particularly in ensuring an adequate supply of medicines within the nation.
Abdelkadir Gelgelo, the Director General of EPSS, informed ENA that formerly, the involvement of the private sector in supplying medicines was restricted. However, due to recent macroeconomic shifts, this sector has now become more accessible.
As per his statement, the reforms have been reducing foreign exchange shortages and enhancing the competitive position of pharmaceutical companies based locally.
The director general further explained that the macroeconomic reforms have led to an expanded marketplace and greater chances for private sector involvement, with this opportunity being extended to all who are interested.
Consequently, the count of local suppliers has gone up, demonstrating the nation’s commitment to establishing a medication provisioning framework that is entirely autonomous, he noted.
He mentioned that EPSS has been working on enhancing the legal and institutional framework for better consolidation of the medical supplies distribution network. A three-year agreement was inked to secure an uninterrupted stream of essential medications via a reliable supply mechanism.
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