7th Mar 2025
The 18% VAT on imported packaging materials, which was an obstacle to the development of the country’s pharmaceutical manufacturing industry, has been completely removed from this year’s budget to encourage local pharmaceutical production and the current Chairman of the Western Pharmaceuticals Local Manufacturers Association, Mr. Nalin Kannangara, said that he would like to express his special gratitude to the current government, including the Minister of Health and Mass Media, Dr. Nalinda Jayatissa, for the excellent decision taken to ensure drug safety in the country.