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Federal Cabinet increases price of 146 medicines

Federal Cabinet increases price of 146 medicines

Federal Cabinet increases price of 146 medicines

Medicine Prices Likely to Increase in Pakistan

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ISLAMABAD: The federal cabinet has approved to increase the prices of 146 essential life-saving medicines.

Following a recommendation by the Ministry of National Health Services (NHS), the federal cabinet has approved an increase in the Maximum Retail Prices (MRPs) of at least 146 drugs under the hardship category.

The decision was taken during a meeting of the cabinet held in Islamabad and chaired by Caretaker Prime Minister Anwaar-ul-Haq Kakar, the cabinet approved the summary that the NHS drafted in the light of recommendations of the Drug Pricing Committee of Drug Regulatory Authority of Pakistan (DRAP).

In the briefing in the meeting, it was informed that complaints of non-availability of drugs in the urban market can be registered on the Drug Regulatory Authority (DRAP) online portal.

The Caretaker Prime Minister said that proposals should be prepared to further improve the efficiency of the Drug Regulatory Authority, actions against drug trafficking and hoarding should be accelerated.

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The Caretaker Prime Minister directed that recommendations should be made for necessary legislation related to deregulation of drug prices.

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He said that the government is taking all possible steps to provide medicines to the common man at a reasonable price, the government is framing policies that will benefit the common man and the pharmaceutical industry will also develop.

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