Economic Development Sector Approves Exemption of Medicines from Import Fees and Value-Added Tax

Khartoum, May 14 (SUNA)- The Economic Development Sector of the Council of Ministers, chaired by the Minister of Finance, Ali Mahmoud, approved in its meeting Tuesday exemption of the pharmaceutical inputs from the import fee (03%) and the Value-added tax (17%).

Meanwhile, the Economic Development Sector recommended formation of a mechanism to follow up the impact of exemption from taxes on the medicines' prices, support to the National Laboratory and encouraging investment in the pharmaceutical industry.
The Economic Development Sector approved the agreement on cooperation between the Republic of Sudan and the Government of Saudi Arabia in the field of sea transport.
MO/MO

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