The government of Pakistan has decided to continue its deregulation of medicine prices, asserting that this policy has stabilized supply and reduced shortages. However, patients like Irfan Nasir report rising costs, with over 100 medications increasing by an average of 32% since February 2024. Officials acknowledge affordability issues and plan to monitor the situation closely. Meanwhile, the Karachi administration is actively combating overpricing during Ramadan, resulting in 267 fines totaling Rs226,000 and 31 arrests. The crackdown aims to ensure compliance with official price lists for essential goods, reflecting a commitment to consumer protection during the holy month.
HEALTH
Pakistan Government Drug Price Deregulation And Rising Medication Costs
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The Pakistani government is maintaining its drug price deregulation policy despite rising costs, with over 100 medications seeing a 32% price increase since February 2024. Meanwhile, a crackdown on profiteering during Ramadan has led to 267 fines and 31 arrests in Karachi.
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