Tax on Serbia not yet applied to drugs

Tax on Serbia not yet applied to drugs

The Kosovo Drug Distributors' Association estimates that the Government of Kosovo's 100 per cent tax on products of Serbia and Bosnia and Herzegovina should not apply to pharmaceutical products as well. The chairman of this association, Milaim Abdullah, bases this on preliminary procedures to register these products on [...]

The chairman of this association, Milaim Abdullahu, bases this on preliminary procedures for registering these products at the Agency for Products and Medical Equipment, KTV reports.

According to him, the total import of pharmaceutical products from these two countries within the year is up to 7 million.

Meanwhile, Kosovo pharmaceutical Oda officials have said that without an analysis of what are the alternatives to products coming from Serbia from local producers or producers of other states from the region that are registered by the AKPPM, they cannot know what the tax impact will be.

“We hope that there will be no shortage of drugs in the drug store, but there remains a concern that their prices may increase due to tax application. Therefore, we will carefully analyze this situation and see what alternatives will be to avoid the consequences that can be experienced by patients and public health”, said Arian Jakupi, chairman of the OFK.

The Kosovo government last week decided that the tax on Serbian products and Bosnia and Herzegovina from 10 %s to 100% increase.

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