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SECTION NEWS

Cigarettes in Kyrgyzstan to rise in price again

04/01/17 07:23, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA

Since January 1, 2017 increased the basic rate of excise duty on tobacco products. Kyrgyz President signed the law on March 10, 2015.

According to the document, the basic rates of excise duty in Kyrgyzstan will be gradually equalized with the rates in other countries of the Eurasian Economic Union. The law also aims to reduce tobacco consumption in the country.

The rate of excise on filtered cigarettes increased from 750 to 1,000 soms soms per 1,000 pieces. Most of all increased the excise tax on cigarettes without filter - from 100 to 950 soms per 1,000 pieces.

Note, part of the law entered into force in May 2015. Then the fine for violation of legislation on protection of citizens from the harmful effects of tobacco increased up to 500 soms.

Increase of the cost of a pack of cigarettes by an average of 5 KGS is expected by February 2017.

In addition, a number of MPs again offer to increase the excise tax on cigarettes in the next two years. They propose to increase it by 100 soms from July 1, 2017, to January 1, 2018 - 150 soms from January 1, 2019 - by 250 soms.


URL: http://eng.24.kg/economics/183597-news24.html
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Exchange rate from 4 February
National Bank of Kyrgyz Republic
USD 69.4463
EUR 74.6131
RUB 1.1708
KZT 0.2156
UZS 0.0212
Weighted average exchange rate of som on February 3
USD 69.4300


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«When we ran in the elections, we said that would even get the moon and the sun from the sky ».
MP Kamchybek Joldoshbayev at a meeting of Parliament, February 2, 2017.

«What have you done besides sale of donkeys to China?».
Deputy Ryskeldi Mombekov to the head of State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov at a meeting of Parliament, February 1, 2017.
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