March 6, 2009 - 13:54 AMT
Health in Armenia to cost 30% more expensive
The prices for medicine have gone up 30% as result of dram devaluation. Costs of infant food will also increase, according to a survey conducted by a PanARMENIAN.Net in the capital's drug stores.

Natalie Pharm company managers said they will review prices. Given 12% customs duties and 20% VAT, the prices will go up, they said.

The CB Tuesday decision on transition of floating rate, the dram-to-dollar rate reached AMD400/$1. The next day the currency market stabilized in some way and the rate was fixed at AMD373/$1.

The prices for imported goods have gone up 10-12%. Meanwhile, NGO researches testify a 25-30% increase.

Armenian Prime Minister promised that the process will stabilize within next few days and will not be shocking for the population.