Govt plans to raise high-end cigarette prices to curb consumption
March 25, 2025 by tbsnews.net
Govt plans to raise high-end cigarette prices to curb consumption
The government plans to increase prices of luxury cigarettes to reduce consumption, combating the rise in sales following a tax hike on lower-tier cigarettes. Revenue from cigarettes has surged in February. Suggestions to combat tobacco use and smuggling were discussed at a recent meeting. The proposal to amend tobacco laws was supported, but discussions involving tobacco companies were debated due to WHO guidelines. The ban on e-cigarettes has not curbed their availability, with proposals to regulate their use to prevent revenue loss. Philip Morris applied to produce e-cigarettes in Bangladesh.
16.80% of the adult population are current smokers. There are approximately 20.4 million current smokers in Bangladesh 34.10% of men are current smokers but only 0.40% of women.
SOURCE: GSTHR
