AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)
Pakistan

Cabinet quashes health ministry’s summary on price hike of 10 medicines

  • Approves funds amounting to Rs540 million for Utility Stores Corporation to provide essential commodities in flood-hit areas
Published September 13, 2022

The federal cabinet on Tuesday rejected the summary of the Ministry of National Health Services, Regulations and Coordination proposing an increase in the retail price of 10 medicines, APP reported.

Chairing the meeting at the Prime Minister's Office, Prime Minister Shehbaz Sharif stated that he was against the idea of a price hike with regard to medicine.

The prime minister tasked Finance Minister Miftah Ismail, Minister for Food Security Tariq Bashir Cheema, Maritimes Affairs Minister Faisal Sabzwari, Commerce Minister Syed Naveed Qamar, and Advisor on Kashmir and Gilgit Baltistan Affairs Qamar Zaman Kaira to work towards improving coordination among provinces regarding the price of wheat and distribution of urea.

With multiple agenda items on the table, the cabinet discussed the matters including Hajj overbooking inquiry, mutual legal assistance with other countries, energy performance standards, legislative cases, and approval of the decisions of the Economic Coordination Committee (ECC).

On the inquiry report regarding the overbooking of Hajj pilgrims, the cabinet pointed out the problems relating to reconciliation but ruled out any charges of malicious intention.

The inquiry committee comprised representatives of finance and religious affairs ministries, and the State Bank of Pakistan reported that the banks after the overbooking had compensated the pilgrims.

Prices of medicines on the rise: BR survey

The prime minister directed the finance ministry and SBP to question the banks over such negligence. He also issued a directive to SBP to keep their branches situation in the flood-affected areas open during holidays and weekly offs.

The cabinet approved the summary of the Interior Ministry to accept applications for Mutual Legal Assistance from the countries which have no written agreement of legal cooperation with Pakistan.

On the recommendation of the Ministry of Science and Technology, the cabinet approved the extension of the minimum energy performance standards of electric fans up till June 30, 2023. The prime minister emphasized improving the quality of the products before the deadline.

The federal cabinet approved September 2nd’s decisions of the Cabinet Committee on Legislative Cases including amendments in Rule-13 of Bio-Study Rules 2017, amendments in Section-15 of Emigration Ordinance 1979, and amendment in Gas (Theft Control and Recovery) Act-2016.

It also approved the amendment in service rules of the post of Secretary, Evacuee Trust Property Board.

Also, the inclusion of solar equipment, electric motors, and power transformers has been made mandatory in the list of Pakistan Standards and Quality Control Authority.

The federal cabinet gave approval to the decisions of ECC including funds amounting to Rs540 million in favour of Utility Stores Corporation for the provision of essential commodities in flood-hit areas.

The other ECC decisions include allocation of PASCO’s local and imported wheat stock among recipient agencies, transfer of amount to Afghanistan government on functioning, maintenance, and salaries of three Pakistani hospitals, and allocation of Rs 3 billion funds to National Disaster Management Authority for providing relief to flood-hit people.

Comments

Comments are closed.