Sri Lanka has world's most expensive cigarettes
Sri Lanka, Nov. 2 -- Sri Lanka has the most expensive cigarettes in the world when measured against purchasing power parity (PPP), according to the latest World Health Organisation (WHO) data cited in a new Oxford Economics assessment that questions the effectiveness of the WHO's global tobacco tax incidence benchmark.
The assessment argues that national economic realities, rather than a uniform global target, should guide tobacco taxation policies, highlighting significant differences in economic conditions across countries.
It questions the effectiveness of the WHO's 75% tobacco tax incidence benchmark, stating that achieving a specific tax incidence rate does not necessarily translate into lower smoking prevalence.
According to the...
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