Medicine Prices In Pakistan To Rise By Up To 20% | MoneyCurve | Dawn News English
The government on Friday approved an increase of up to 20 per cent in medicine retail prices, with the rise for essential drugs capped at a maximum of 14pc as decades-high inflation grips the country.
The decision, taken in the cabinet’s Economic Coordination Committee (ECC), was due for months to meet the demands of drug importers and manufacturers, whose associations were demanding an across-the-board 39pc rise, warning that the industry could otherwise collapse.
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