Displaying items by tag: Healthcare Federation of Nigeria
Wednesday, 10 December 2014 18:45
The HFN Advocates for a review of recent CBN directive on Foreign Exchange – Takes toll on Investors as Healthcare costs is up 20%
The recent exclusion of “Finished Goods” from the foreign exchange RDAS window has created concern across the entire healthcare sector as this development will increase the cost of healthcare commodities by at least 20 %.
The HFN has therefore appealed to the Central Bank and Ministries of Health and Finance to look into ways to ensure that Healthcare commodities and equipment are excluded from the list of “Finished goods” suggesting the model applied with Value Added Tax where healthcare tops the list of the items excluded from this tax structure.
Please click HERE see the front page Business Day article on CBN Directive.
Published in
Frontpage News
