Financial Advisor Salehuddin Ahmed said that the additional VAT imposed on various daily necessities including medicines and clothing is being reviewed.

In response to a question from reporters about whether the additional VAT has already affected the prices of goods in the market, the Financial Advisor said, “It is not completely due to VAT. The impact on prices in some places may have been due to VAT. It is entirely due to manipulation and supply chain.”

He said, “Through VAT, I have increased the prices of a few things. How many people buy phones and foreign fruit juices? Therefore, it is not because of that (the price increase due to VAT). However, today we are reviewing some matters. You will know later.”

The Financial Advisor also said, “We have talked about some essential things.” Then, essential products that affect the common people, including medicines and clothing, are being reviewed. Imported fruit juices – why should I reduce these?

He informed reporters after the meeting of the Advisory Council Committee on Government Procurement at the Secretariat yesterday, Thursday (January 16).