So will the people of Pakistan die in agony? Ultimatum to Shahbaz government, do this work in 1 week or else…

Pakistan News: The Pakistan Pharmaceutical Manufacturers Association has written a letter to the Finance and Health Ministers and the CEO Drug Regulatory Authority of Pakistan (DRAP), demanding an increase in the prices of medicines. In the letter, the pharma industry gave an ultimatum to the government that if the government did not increase the prices ‘within a week’, it would shut down its factories across the country.

Highlights
1. Pharma industry warns Pak government to close drug factories
2. Pakistan Pharmaceutical Manufacturers Association demands an increase in drug prices
3. The Pharma industry has given 1 week time to the Shahbaz government

Islamabad: Poverty-stricken Pakistan has suffered another major setback. Now the pharmaceutical factories here are fed up with the government. Pakistan’s pharma industry has warned the Shahbaz government to shut down the pharmaceutical factories. There is already a shortage of food items in the country, if the factories are closed here, there will be a shortage of medicines as well and in such a situation the people of Pakistan may die in agony. The pharma industry is finding it difficult to sell the drug at the current prices, so the Pakistan Pharmaceutical Manufacturers Association (PPMA) has given a week’s ultimatum to the government demanding an increase in drug prices and warned that if it If this is not done, factories will be closed across the country.

According to Pakistani media ARY News, the Pakistan Pharmaceutical Manufacturers Association has written a letter to the Finance and Health Ministers and the CEO Drug Regulatory Authority of Pakistan (DRAP), demanding an increase in the prices of medicines. In the letter, the pharma industry gave an ultimatum to the government that if the government did not increase the prices ‘within a week’, it would shut down its factories across the country. Demanding an increase in drug prices to compensate for the rise in petroleum products and US dollar rates, the association said it has become impossible to manufacture and sell drugs at their current prices.

The pharma industry warned of a shortage of drugs if prices were not increased, saying factories were facing difficulties in manufacturing drugs due to the non-opening of letters of credit (LCs). Earlier in January, the pharma industry warned that the drug shortage crisis could worsen as pharmaceutical companies are running short of raw materials.

PPMA President Syed Farooq Bukhari alerted the government that pharmaceutical companies were facing a shortage of raw materials for the production of medicines. He said that if the letters of credit (LC) are not opened by the central bank within 15 days, then the country will see a huge shortage of medicines. The chairman said that at least 700 pharmaceutical companies had placed orders for the raw materials of medicines and the government should open LCs so that the companies could lift their goods.

Pakistani news | Shahbaz Sharif | shahbaz sharif wikipedia | shahbaz sharif twitter

Russia-India Relation | russia ukraine war | russia-ukraine war latest news today |