Kazakhstan wants to set fixed maximum retail prices for medicinal products

| By | Kazakhstan, Medicinal Drug Prices
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At a briefing following the meeting of the Government of the Republic of Kazakhstan, Elzhan Birtanov, the Minister of Health, announced that his ministry is preparing the concept of a draft law to regulate the retail prices.

“The concept of the draft law on regulation of retail prices for drugs has been elaborated. We will start to discuss it in the near future. The discussions will be first held in the Public Council and later in the National Chamber of Entrepreneurs and the media,” said the minister.

He added that the document must pass through all cycles of public discussion.

“We plan to submit it to parliament this fall. We hope to adopt it by the end of the year and set fixed maximum retail prices for all drugs from January 1 2018,” said Mr. Birtanov.

The minister also informed about the procurement of medicinal products for provision of guaranteed free medical care. The funds currently allocated for these purposes amount to 90 billion tenge.