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%)

LAHORE: Punjab Governor Muhammad Baligh-ur-Rehman has said that he would summon the Punjab Assembly session upon receiving a requisition; however it should be held in a few days to form a new government.

He expressed these views while talking to media after inauguration of two-day 16th Pak Pharma and Healthcare Exhibition and Conference on Wednesday. The expo kicked off with the participation of more than 400 stalls and 100 foreign and local exhibitors. The mega event was organised by prime event management with the support of the Pakistan Pharmaceutical Manufacturers Association (PPMA).

The Governor further said that they were thankful to Allah Almighty for providing them another opportunity to serve the masses. “We have done constitutional work in the previous governments too and we will continue to do it again,” he added.

He averred that the new government should continue with the initiative of the caretaker government to deregulate the prices of medicines and that regulation should not be so tight that the pharmaceutical companies start thinking of leaving the industry. “However, any regulation should also not be so weak that the companies start exploiting the masses; patients should not be exploited under any circumstances,” he added.

He recalled that during the tenure of PML-N government in 2013-18, the Prime Minister had rejected such summaries of increases in the prices of medicines. He lauded the efforts of prime event management and the Pakistan Pharmaceutical Manufacturers Association for organising a successful expo. He was of the view that it was good that raw materials were being produced in Pakistan too; however, there was still room for technology and exports in the pharma sector. Earlier, the Governor visited various stalls and interacted with the representatives of local and foreign companies.

On this occasion, PPMA Chairman Mian Misbah-ur-Rehman told the media that Pakistan was the only country where the government was still fixing prices of medicines and drugs, and now the government’s permission to the pharmaceutical companies to fix prices except life-saving drugs would follow the World Health Organization (WHO) standards. He further said that the prices of more than 450 medicines which do not fall in the ambit of the essential drugs list of the WHO being determined by government bodies. He pointed out that the Indian government regulates the prices of only 360 medicines.

Copyright Business Recorder, 2024

Comments

Comments are closed.