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  My government does not shy away from public scrutiny – Akufo-Addo

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  Be disciplined when driving – Road Safety Authority cautions motorists

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Your email address will not be published.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