Pharmac has received a funding boost - but the Government says it's to cover a 'fiscal cliff' left by Labour.
Associate Health Minister David Seymour revealed the drug-buying agency will be bolstered by more than $1.7 billion over four years, as part of the Budget.
Medicines New Zealand CEO Graeme Jarvis says he was aware of this gap in funding.
He says the Covid-19 pandemic created more fiscal cliffs to be dealt with than even Treasury considered.
LISTEN ABOVE

Nicola Willis: Finance Minister brushes off worries about fast track for housing projects
07:22

Mike Casey: Rewiring Aotearoa CEO on shortage of electricians as solar panel demand soars
05:12

Richard Harrison: Auckland Transport Public Transport Director on CRL first weekday, Warriors this weekend
02:55