BusinessNews

Cost of medicines in Ghana expected to go down after removal of VAT on pharmaceutical products – Govt

The Government earlier this week announced the removal of the Value Added Tax (VAT) on pharmaceutical ingredients in Ghana.

Similarly, the VAT on selected finished pharmaceutical products have also been removed.

READ  Don't fall for NDC’s pious pretenses; they want power to honeymoon at your expense — Richard Ahiagbah to Ghanaians

This is to ensure that the cost of medicines in Ghana is reduced, the government said.

“Government removes VAT on active pharmaceutical ingredients, manufacturing inputs, and selected finished pharmaceutical products in a bid to reduce cost of medicines in Ghana,” the government said.

READ  NPP National Executive Elections: See full results

Source: 3news

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close