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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.

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

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

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“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.

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Source: 3news

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