Cabinet approves to reduce prices of 60 medicines (Update)



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. 


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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