Govt engages pharmaceutical sector on policy, economic issues

News Image

MG News | February 04, 2026 at 05:25 PM GMT+05:00

0:00

February 04, 2026 (MLN): The government is engaging with the pharmaceutical sector to discuss policy, regulatory, and economic matters, with a focus on supporting growth, ensuring effective governance, and safeguarding patient interests. 

Discussions highlighted recent improvements in regulatory processes, digitalization, and progress toward international standards, as well as ways to boost investment, innovation, and export potential, said a press release issued.

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met with a delegation of the Pharma Bureau, led by Chairman Syed Anis Ahmed. 

The delegation included Co-chair Ms. Erum Shakir Rahim, CEO of Haleon Pakistan Limited Mr. Qawi Naseer, CEO of Roche Pakistan Ms. Hafsa Shamsi, Mr. Sajjad Iftikhar, Ms. Andleeb Ahmed, and Executive Director Pharma Bureau Ms. Ayesha T. Haq. 

During the discussion, the delegation shared an overview of the sector’s performance, recent developments, and challenges, including pricing, regulatory processes, taxation, and investment facilitation.

Senator Aurangzeb acknowledged the pharmaceutical sector’s vital role in public health, employment generation, and economic activity. He briefed the participants on the government’s broader economic reform agenda, including measures for macroeconomic stabilization, tax rationalization, and promotion of sectoral growth. 

The Minister assured that the issues and proposals raised would be examined in coordination with relevant ministries and regulatory bodies, emphasizing the government’s commitment to continued engagement and stakeholder facilitation within the framework of national priorities.

The session concluded with a mutual understanding to maintain dialogue and cooperation, aiming to strengthen the pharmaceutical sector’s development, innovation, and contribution to the economy.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 150,398.71
270.15M
-1.06%
-1612.55
ALLSHR 90,084.08
469.39M
-0.93%
-849.88
KSE30 45,453.36
99.47M
-1.14%
-522.50
KMI30 218,271.12
195.05M
-0.92%
-2019.44
KMIALLSHR 58,965.48
294.49M
-0.81%
-483.69
BKTi 41,775.34
33.94M
-0.76%
-317.96
OGTi 31,328.42
11.96M
-0.61%
-192.61
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,165.00 67,625.00
66,480.00
-15.00
-0.02%
BRENT CRUDE 109.24 109.74
99.08
8.08
7.99%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
6.40
6.03%
ROTTERDAM COAL MONTHLY 113.00 114.50
113.00
-0.40
-0.35%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 112.06 113.97
97.50
11.94
11.93%
SUGAR #11 WORLD 14.96 15.50
14.91
-0.33
-2.16%

Chart of the Day


Latest News
April 03, 2026 at 05:06 PM GMT+05:00

PSX Closing Bell: Bears Tighten Their Grip


April 03, 2026 at 03:54 PM GMT+05:00

PKR remains flat against USD


April 03, 2026 at 03:51 PM GMT+05:00

Pakistan accelerates digital economy push after 5G auction


April 03, 2026 at 03:38 PM GMT+05:00

Pakistan gains investor spotlight amid SIFC push



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg