Parliament Approves New Pricing Formula for Pharmaceutical Drugs

Date:

Parliament has passed the pricing formula for pharmaceutical drugs, paving the way for the introduction of maximum price limits across various categories of medicines.

Health and Mass Media Minister Dr. Nalinda Jayatissa said the new regulations aim to ensure fair pricing and accessibility of essential drugs to the public. “Under the new system, a maximum price limit will be introduced for each category of pharmaceutical drugs,” he stated.

Meanwhile, the Minister also assured that there will be no change to the name or colour of the ‘Suwaseriya’ Ambulance Service, reaffirming the government’s commitment to maintaining the integrity and identity of the free emergency medical service.

Share post:

spot_imgspot_img

Popular

More like this
Related

MSMEs Urge Action on Lending Rates amid Weak Policy Transmission

By:Staff Writer December 22, Colombo (LNW): Sri Lanka’s Micro, Small...

ADB Irrigation Grant Signals Strategic Push for Sri Lanka Agricultural Resilience

By:Staff Writer December 22, Colombo (LNW): The Asian Development Bank’s...

Recovery Spending After Ditwah Balances Stability and Risk

By:Staff Writer December 22, Colombo (LNW): Sri Lanka’s plan to...

India’s Swift Aid to Sri Lanka: Compassion, Strategy, or Both?

By:Staff Writer December 22, Colombo (LNW): India’s External Affairs Minister...