News

HEAVY Taxes on alcohol, tobacco

Cabinet Minister Martin Elia Lomuro speaks to press after council of

ministers’ meeting last Friday (Photo: Kitab A Unango)

By Kitab A Unango

The government planned heavy taxes on toxic goods harmful to human being which are imported from neighboring countries, Minister, Martin Elia Lomuro revealed last Friday after Council of Ministers meeting

Alcohol and tobacco, widely consumed, were among the harmful goods to be highly taxed b.

Cabinet Minister Lomuro said high taxation on alcohol and tobacco would force demand for more money for importation, see subsequent reduction in quantities entering the country and the number of consumers.

“Exercises of high taxes on alcohol and tobacco are going to be increased. Therefore, you will find yourself ready to spend more if you want to smoke or drink ”, Lomuro said.

The decision to raise tariffs on harmful goods was reached during the Council of Ministers regular meeting on Friday last week, chaired by President Salva Kiir Mayardit.

Lomuro also revealed that the government had decided to increase telecommunication rate in the country.

However, after discussing and subsequent forwarding of 2019/2020 proposed resource envelop to economic cluster for further scrutiny and scribing by council of ministers on Friday, Minister Lomuro told the press that the government was going to increase tax by 25 percent on non-oil resources to finance the budget.

Leave a Response