"Belarus Pharmaceuticals & Healthcare Report Q2 2014" Published
Pharmaceutical sales in Belarus are poised to recover as the fallout from the breaking of the potash joint venture Uralkai-Belaruskali subsides, and the risk of currency devaluation temporarily relents. However, Belarus must now contend with the consequences of Ukrainian instability and the impact of this on the region's economies. There are significant downside risks to our forecast for 2014, due to the threat of further currency depreciation, a collapse in exports and absolute erosion of consumer purchasing power.
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