Ethiopian Pharmaceutical Supply Agency says it has uncollected debt of over 1 billion birrThe Ethiopian Pharmaceutical Supply Agency announced that there is an uncollected debt of more than 1 billion birr($17.7 million) for drugs given on credit. Including Black Lion, large government hospitals were unable to pay their debts on time.
It has been stated that 91 medical institutions have been given legal warnings for failing to settle payment debts on time. Out of these, 80 medical institutions have made their payment. Lawsuit has also been filed against 11 institutions.
Out of the 11 institutions that have been sued by law, two large institutions have finally been able to pay their debts.
In 2023, 8 billion birr ($141.7 million) of drugs were sold through a mutual fund, out of which 6 million birr sales were on credit basis, according to the Agency.