Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall below 14% YoY in May

Federal Cabinet decides to reduce prices of 89 medicines

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December 24, 2019: Federal Cabinet has decided to reduce prices of eighty-nine medicines, including life-saving drugs, by fifteen percent with immediate effect to provide relief to people.

Briefing media persons about cabinet meeting decisions in Islamabad on Tuesday, Special Assistant on Health Zafar Mirza said the prices have been decreased under Medicine Pricing Policy 2018.

The Special Assistant said the Prime Minister has directed to review medicine policy within two months.

He said National Medicine Policy is being prepared under which pharmaceutical sector will be regularized.

The Special Assistant also informed the media that that the cabinet has approved a special financial package to facilitate people living along the Line of Control in Azad Kashmir. She said 33,498 families, who are direct victims of Indian firing along LOC, and each of them would get 5,000 rupees on quarterly basis under this package.

She said the cabinet approved one-time import of polio finger marker from India on the recommendations of World Health Organization.

She said reforms in tax laws were also approved by the cabinet and the Prime Minister directed Federal Board of Revenue to prepare a public friendly mechanism to facilitate common people. 

Radio Pakistan

Posted on: 2019-12-24T17:15:00+05:00