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Uganda increases tax on selected imported drugs

 

Paracetamol is among the drugs whose import tax is up. PHOTO therealuganda

Kampala, Uganda| APA |  Uganda government has increased tax levied on import of selected drugs including paracetamol, by pharmaceutical companies, from 2 percent to 12 percent.

According to Uganda’s ministry of health the move which became effective August 1 , seeks to protect the locally made medicine from being out competed by imported drugs.

Uganda’s state minister for health Sarah Opendi is hoping that the increase will discourage importers of pharmaceuticals or at least make their medicine a bit more expensive than the locally manufactured drugs.

 

FULL STORY (click)

FULL STATEMENT BY MINISTRY OF HEALTH

Uganda Government to Support Local Pharmaceutical Manufacturers by The Independent Magazine on Scribd

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