Belarus Pharmaceuticals & Healthcare Report Q4 2012 - New Market Research Report
We still expect a contraction in the value of the Belarusian pharmaceutical market in 2012 as a result of the devalued rouble, high inflation and weak household consumption. Belarus remains one of the most risky Eastern European markets, the economy remains vulnerable to political mismanagement and the business environment is undesirable. However, we are expecting stronger growth in 2013, with the pharmaceutical market expected to post its first year of dollar growth since 2010.
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