The upcoming national budget in Bangladesh includes duty rebates on medicine and medical equipment raw materials, benefiting the local industry and healthcare sector. VAT waivers may continue for raw material imports of sanitary napkins, diapers, and toiletries, essential for public health. The government plans to expand the duty-free list for cancer and diabetes drugs, making treatments more affordable.
However, supplementary duties on liquid nicotine and e-cigarettes aim to discourage their use. These budgetary measures have positive implications for public healthcare and the economy. Experts emphasize the need for duty-free imports of all medical raw materials and strict pricing regulations. The local production of essential medicines and hygiene products is expected to increase, benefiting both consumers and the industry. The continuation of VAT exemptions for sanitary pads and diaper materials supports local manufacturing and market growth.