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‘Cigarette prices will increase after 2022 Budget’

The Chairman of the National Authority on Tobacco and Alcohol Dr. Samadhi Rajapaksa says an increase in the price of cigarettes is expected in the forthcoming 2022 Budget according to the price formula for cigarettes prepared by the Authority.

Speaking during a media briefing, Dr. Rajapaksa said the price of a cigarette will increase by Rs.4 to Rs.5 after the Budget.

He said the price formula will be in effect throughout, with the price of a cigarette increasing by Rs.20 within a span of five years.

The Chairman said there are five sizes of cigarettes currently available adding however that they will be amended to a standard size.

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