Tobacco.org

Gov't to Raise Excise on Beer and Tobacco Products  

The government is expected to grow the revenue base by raising excise on beer and tobacco products by 20 percent.

The Finance Minister, Snyder Rini in tabling the 2008 budget this morning said that the government is determined to place the country on a firm economic and financial footing.

"Without this there is little hope of improving the living standards for our rural people and communities."

Mr. Rini said in the second reading of the Bill that the increase in excise on the two products is to limit the social and health risks pose by the consumption of the products.

Jump to full article »