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PM Sharif Orders Withdrawal of Hike in Medicine Prices

Posted by on Friday, November 29, 2013, 12:47
This news item was posted in Business category and has 0 Comments so far .
Medicine Prices

Medicine Prices

Prime Minister Nawaz Sharif on Friday took the notice of up to 15 percent increase in prices of medicines, and ordered authorities to revive the old rates, news reported.

On Thursday, the federal ministry of health issued a notification according to which prices of around 30,000 medicines of varied nature were raised by 2 to 15 percent with immediate effect. However, the prices of life-saving drugs were not increased.

Pharmaceutical firms had demanded the hike in the prices of various categories of medicines, sources said.

Today, Prime Minister Nawaz Sharif ordered the health ministry to withdraw new rates, stating that the hike โ€œis unacceptable.

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