Govt. notifies hike in prices of medicines by up to 15pc

Nov 30, -0001
Staff ReportISLAMABAD: The federal government on Thursday notified increase in the prices of medicines by up to 15 percent – a move that it likely to fuel inflation and cause miseries for the poor.The federal ministry of health issued a notification according to which prices of around 30,000 medicines of varied nature have been raised by 2 to 15 percent with immediate effect.Pharmaceutical firms have been demanding a hike in the prices of various categories of medicines. However, the health ministry said that prices of life-saving drugs have not been increased. – SAMAA

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