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Cabinet approves to reduce prices of 60 medicines (Update)

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With the appreciation of the Sri Lankan Rupee against the US Dollar, the Cabinet has approved to reduce the Maximum Retail Price of 60 medicines by 16% with effect from June 15.

The Cabinet has also approved to review the price of medicines every three months. 

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Previous News : June 05, 2023 8.49pm

Drugs prices to drop from June 15 – Minister

Minister of Health – Keheliya Rambukwella has said that there will be a 16% reduction in NMRA registered drugs from June 15, 2013.

“From 15/06/2023, given the encouraging appreciation of the #lka LKR against the US$, there’ll be a 16% reduction in #NMRA registered drugs which are regulated by a price control. This was decided after extensive discussions with the relevant authorities,” he has Tweeted.

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