President Dr Mohamed Muizzu has directed relevant authorities to take measures to implement price controls on medications sold in the nation, as well as to put an end to the practice of selling medication at a high profit margin.
In a post on social media platform X, the President noted that the costs of prescription drugs are being marked up with profits ranging from 200 percent to 2000 percent.
The President emphasised that this reform will reduce excessive expenditures from the state health insurance Aasandha and lower the market prices and charges for Aasandha. He stated that the money saved by following this strategy will be used to improve the health sector. The specifics of these modifications will be shared shortly.