A Cabinet proposal to reduce prices of pharmaceuticals by 16 per cent with effect from June 15 has been approved, Minister Bandula Gunasekara said.
A three month price review mechanism was also proposed in the same cabinet paper.
The Cabinet paper was submitted taking into consideration the appreciation of the rupee against the US dollar and benefit importers would receive.
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Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
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