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Cigarettes: tax up, prices up, illicit trade up

Surging taxes and prices in Egypt have led to a steep increase in the country‚Äôs illicit trade in cigarettes, according to a story by Fatima El-Saadani for Business Today Egypt, relayed by the TMA. Egypt raised its cigarette tax in July 2010 by 84 per cent, which led to a 48 per cent increase in prices, and it raised its … Continue reading Continue reading

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