Govt approves second hike in drug prices in a month

DRAP - The News Today-TNT
ISLAMABAD: The Drug Regulatory Authority of Pakistan (DRAP) has notified the increase in prices of drugs from 22 to 35% second time in a month after approval from the Federal Cabinet.
The DRAP notification, dated October 5, 2020, approved an increase in the rates of 235 drugs ranging between 22 percent and 35 percent.
According to the publication, the latest spike in prices has come head over heels of up to a massive 510 percent increase in prices of 94 medicines only in last month.
The federal cabinet okayed the raise earlier this month, which practically is the second approval of medicines within one month.
With input from INP
Subscribe
Notify of
0 Comments
oldest
newest most voted
Inline Feedbacks
View all comments