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.

READ  [Full results] How NPP Delegates Voted In Regional Elections

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.

READ  Government to present 2021 Mid-year Budget Review today

“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  NPA reduces fuel prices by 8 pesewas per litre

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Your email address will not be published.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