Basil Rajapaksa, Chairman of the Presidential Task Force on Economic Revival and Poverty Alleviation said yesterday (17) that steps will be taken to save foreign exchange by manufacturing needed medicines locally in Sri Lanka.

He said that over the next five years, Sri Lanka will also be brought to the level of major drug exporting countries Ireland, Israel and Singapore.

Speaking at a discussion held at Temple Trees yesterday (17) with ministers and government officials representing the health sector, Basil Rajapaksa said the requirement for medicinal drugs in the country will be met within the next 5 years and the government is focusing on increasing production targeting exports.

The government is already incurring a huge cost to import 85 percent of the local drug requirement. Arrangements are being made to set up factories to cater to local needs and with export capacity by private investors.

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