Federal Cabinet rejects to increase retail prices of 10 different medicines

Government of PakistanFederal Cabinet rejects to increase retail prices of 10 different medicines

ISLAMABAD, Pakistan: The Federal Cabinet which met in Islamabad on Tuesday with Prime Minister Shahbaz Sharif in the Chair rejected to increase retail prices of 10 different medicines.

In its meeting, the Cabinet declined a Summary of the Ministry of National Health Services, Regulations, and Coordination regarding hike in medicines’ price.


The prime minister said that he did not support the idea of enhancing medicines’ rates.

Shahbaz Sharif also gave a task to the Finance Minister Miftah Ismail, the Minister for Food Security Tariq Bashir Cheema, the Minister for Maritime Affairs Faisal Sabzwari, the Commerce Minister Syed Naveed Qamar, and the Advisor on Kashmir Affairs and Gilgit-Baltistan Qamar Zaman Kaira for improving harmony among provinces regarding fixing of wheat prices and distribution of urea.

The Federal Cabinet also extended the Minimum Energy Performance Standards for electric fans till the end of June 2022. However, Prime Minister Shahbaz Sharif directed to improve the Minimum Energy Performance Standards before June 30, 2022.

In the meeting, a Summary for Mutual Legal Assistance for Countries with whom no such agreement exists at present also got nod of the Federal Cabinet.

The meeting also discussed a report regarding the overbooking of government hajj scheme quota.

It was told that no bad intention was found in this matter. However, the banks, which overbooked government hajj quota, have paid the compensation amount to the pilgrims.

On this matter, the prime minister directed the Ministry of Finance and the State Bank of Pakistan to seek explanation from such banks and the reason behind this negligence.

The prime minister directed the State Bank of Pakistan for issuing instructions to the concerned banks to continue working on off-days as well in flood-hit areas.

Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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