Chairman of the Eastern Tobacco Company Mohamed Osman Haroun announced that as of Thursday, prices for all types of cigarettes will increase at a minimum of LE1.5 per pack.
The new increase is under a law approved by the House of Representatives No. 2 of 2018.
In a telephone call to the “Yahdoth Fi Misr” (Happening in Egypt) program on MBC Masr, Haroun said that 50 percent of the value of the new increase will fund the new comprehensive health insurance system, and the other 50 percent will go for the Taxes Authority.
The price of Cleopatra Box cigarettes would rise to LE17 per pack instead of LE15.5, while price of the regular Cleopatra cigarettes would be LE16 instead of LE14.5, said Haroun, adding that the Cleopatra cigarettes are the cheapest in Egypt.
The price of Marlboro Black Label cigarettes will be sold at LE22, instead of LE19, he also said.
Source: http://www.egyptindependent.com/cigaret ... -thursday/
Cigarette prices to rise in Egypt starting Thursday
Moderators: DJKeefy, 4u Network
- DJKeefy
- Site Administrator
- Posts: 11025
- Joined: Thu Jan 13, 2005 4:08 pm
- Location: UK
- Has thanked: 652 times
- Been thanked: 1222 times
- Gender:
- Contact:
- Major Thom
- Royal V.I.P
- Posts: 2885
- Joined: Mon Mar 30, 2015 5:45 am
- Has thanked: 187 times
- Been thanked: 375 times
- Gender:
- Contact:
Re: Cigarette prices to rise in Egypt starting Thursday
That's quite a bit for locals, but suppose for ex pats nothing, a box of LM Blue 100's here are 3.80 Euros. But they are real and not fake! If they are going to have medical insurance, to pay for the new comprehensive insurance cover then why put money from ciggies in. could it just be to get the system going and once going, they bring the tax down again? don't think so!
-
- Egyptian God
- Posts: 8695
- Joined: Thu Oct 17, 2013 11:49 am
- Has thanked: 1548 times
- Been thanked: 5127 times
- Contact:
Re: Cigarette prices to rise in Egypt starting Thursday
If you want to raise money for health care then taxing smokers is an obvious and unobjectionable course.
Smoking is a voluntary and health-destroying habit and Egyptian smokers, like their bretheren worldwide, probably contribute excessively to the numbers requiring medical help.
Smoking is a voluntary and health-destroying habit and Egyptian smokers, like their bretheren worldwide, probably contribute excessively to the numbers requiring medical help.
- Who2
- Egyptian God
- Posts: 7911
- Joined: Fri Jul 16, 2010 12:04 pm
- Location: Laandaan
- Has thanked: 1113 times
- Been thanked: 3214 times
- Gender:
Re: Cigarette prices to rise in Egypt starting Thursday
So is Cyprus in the EU ? euro that foreign rubbish money ?......
"The Salvation of Mankind lies in making everything the responsibility of All"
Sophocles.
Sophocles.
- Dusak
- Egyptian Pharaoh
- Posts: 6190
- Joined: Sun May 11, 2008 2:29 pm
- Location: LUXOR
- Has thanked: 3241 times
- Been thanked: 3812 times
- Gender:
Re: Cigarette prices to rise in Egypt starting Thursday
Someone is telling porkies, I bought my five monthly sleeves today, they had increased by 20Le to 180Le per sleeve.
Life is your's to do with as you wish- do not let other's try to control it for you. Count Dusak- 1345.
- Major Thom
- Royal V.I.P
- Posts: 2885
- Joined: Mon Mar 30, 2015 5:45 am
- Has thanked: 187 times
- Been thanked: 375 times
- Gender:
- Contact:
Re: Cigarette prices to rise in Egypt starting Thursday
Cyprus is not a full member of the EU its membership is similar to Norway Dr. On saying that I dare say the new multi-million dollar Marina at Potima Bay has had a bit of funding from them, as with the wine producing farmers, and the many village squares that have been updated. I am afraid I am not a lover of the EU at all, unelected bureaucrats, pretending they know everything, and a weak UK leader letting them walk all over her.
I don't know if the new updated UK Forces base in Cyprus has also had some EU cash but expect so!
I should not grumble though about other Countries bleeding pots for cash, should I!!!!!
I don't know if the new updated UK Forces base in Cyprus has also had some EU cash but expect so!
I should not grumble though about other Countries bleeding pots for cash, should I!!!!!
-
- Egyptian God
- Posts: 8695
- Joined: Thu Oct 17, 2013 11:49 am
- Has thanked: 1548 times
- Been thanked: 5127 times
- Contact:
Re: Cigarette prices to rise in Egypt starting Thursday
Cyprus is a FULL member of the EU with the euro as its currency.
The EU rules are suspended as far as the Turkish Republic of Northern Cyprus is concerned.....pending reunification
Maybe it'll take a few more years for MT to comprehend fully the status etc. of his new homeland
The EU rules are suspended as far as the Turkish Republic of Northern Cyprus is concerned.....pending reunification
Maybe it'll take a few more years for MT to comprehend fully the status etc. of his new homeland
- BENNU
- Egyptian Pharaoh
- Posts: 3351
- Joined: Fri Mar 27, 2009 6:31 pm
- Has thanked: 598 times
- Been thanked: 1534 times
- Gender:
- Contact:
Re: Cigarette prices to rise in Egypt starting Thursday
Major Thom wrote:Cyprus is not a full member of the EU its membership is similar to Norway Dr.
Norway is not a member of the EU.newcastle wrote:Cyprus is a FULL member of the EU with the euro as its currency.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 26 Replies
- 4897 Views
-
Last post by Bullet Magnet
-
- 21 Replies
- 2918 Views
-
Last post by Who2
-
- 0 Replies
- 285 Views
-
Last post by DJKeefy
-
- 0 Replies
- 509 Views
-
Last post by DJKeefy
-
- 7 Replies
- 1002 Views
-
Last post by BENNU