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Saudi Arabia to impose special tax on tobacco, sugary drinksSaudi Arabia will impose a special tax on tobacco and sugary drinks on June 10, as part of a series of steps towards closing a budget deficit caused by low oil prices, said a report. Officials have said they expect to raise betwee More… |
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WHO urges tax hike on sugary drinksTaxing sugary drinks can lower consumption and reduce obesity, type 2 diabetes and tooth decay, says a new World Health Organization (WHO) report. Fiscal policies that lead to at least a 20 per cent increase in the retail price of More… |
