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Monday, 21 September 2020

Egypt's cabinet denies imposing new taxes on cigarettes

MENA , Wednesday 24 Apr 2019
File Photo of Cigarettes (Photo: Reuters)
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Views: 2044

The Egyptian cabinet information center on Wednesday denied reports that the government would increase taxes on cigarettes by about 15 percent in the new budget.

The center in a news briefing explained that it contacted the Ministry of Finance which denied the reports confirming that there is no plan to impose new taxes on cigarettes in the 2019/2020 fiscal year.

Any new taxes should be imposed after getting approval of the parliament, said the ministry, adding that these false reports seek stirring the anger of the public. 

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