- Health Ministry of Kyrgyzstan supports introduction of VAT on medicines
- Health Minister Alymkadyr Beishenaliev stated that all countries have VAT on medicines
- Alymkadyr Beishenaliev believes that the introduction of VAT will benefit the economy and increase salaries of health workers
- Executive director of the Pharmaceutical Union of Kyrgyzstan warned that smuggling of medicines could increase by up to 60 percent if VAT is imposed
- Price of medicines could also increase with the introduction of VAT
Source: 24.kg
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Kyrgyzstan"
- Revised List of VAT-Exempt Goods Announced by Government
- Government Revises VAT Exemption List for Renewable Energy Equipment
- Kyrgyzstan Exempts Selected Goods from VAT on Imports
- Kyrgyzstan Provides VAT Exemption for Qualifying Goods Produced in Special Economic Zones
- Kyrgyzstan exempts SEZ residents from VAT on locally produced goods
