Ghana to Increase Prices of Tobacco Products

allafrica.com – 26 de Julio de 2015 – Ghana

As part of efforts to reduce the consumption of tobacco products and its related health hazards, Parliament has approved an increase in the price of tobacco products in the country.

The increase follows the passage of the Excise Duty (Amendment) Bill, 2015 into Law.

The Bill which was presented to the House and read the first time by the Deputy Minister of Finance, Mr Cassiel Ato Baah Forson, last Friday in accordance with Article 174(1) of the 1992 constitution, seeks to amend the first schedule of the Excise Duty Act, 2014 (Act 878) to increase the Excise Duty on cigarettes and cigars from 150 per cent of the ex-factory price to 170 per cent.