The government plans to push the price of cigarettes up in a bid to reduce the consumption of tobacco products and maximise revenue collection from this sector.
Finance Minister AHM Mustafa Kamal made the announcement while reading out the budget for the 2022-23 fiscal year on Thursday.
As per the minister's proposal, the minimum price for 10 sticks of low-tier cigarettes will be set at Tk40 (Tk1 increase from previous fiscal), with a supplementary duty of 57%.
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Bangladesh