The Lithuanian government's proposal to raise the excise duty on tobacco products next year is a result of the efforts to improve public health rather than generate more budget revenue, says Finance Minister Vilius Šapoka.
Vilius Šapoka
© DELFI / Tomas Vinickas

"The state will win by having a healthier population. Surveys show that increased prices have an impact on giving up the bad habit. The excise duty increase is moderate and, in my opinion, money is not key – the essence is fighting bag habits. The fiscal result is not substantial here," Šapoka told journalists after the government's meeting on Wednesday.

The government has proposed raising tobacco excises starting next year, which would result in a 10-cent increase of the price of a pack of cigarettes.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Lithuania to step up visa issuance for foreign startups

Lithuania will start issuing visas to businessmen establishing startups in the country faster as of...

Lithuania's aviation group buying UK's charter airline

Avia Solutions Group , an aviation group owned by Lithuanian businessman Gediminas Ziemelis , is...

Training center to replace old correctional facility in Vilnius

The demolition of an unused complex of buildings that used to house a correctional facility will...

120 million EUR will be provided for European beekeepers

The European Commission will provide €120 million to the EU's beekeeping sector over the next...

Court: Lithuanian companies don’t have to pay million-worth fine to Serbia

Arvi , a Lithuanian fertilizer, fodder, sugar and turkey meat production group owned by businessman...