България

Costly cheap cigarettes defended Bulgartabac

In defense of the Bulgarian producer Bulgartabac option is adopted for the growth of excise duty for cigarettes. Told journalists the chairman of the Budget and Finance in Parliament Mandy Stoyanova, a reporter of FOCUS News Agency. Yesterday the committee decided the specific rate of excise duty to 101 leva in 1000 short and the proportional excise duty – 23 percent of the selling price. So expensive cigarettes will increase by at least a cheap – most.
Stoyanova said that holding does not produce at the lowest price range. Cigarettes are the most sold are in the range 3.20 – 3.40 euro and entering practice in a competitive war against imported cigarettes.
In any event, our producers will be the one who will benefit from this competitive war if we had left the ratio of excise duty, as was suggested. I can say unequivocally that the decision was in favor of Bulgartabac more – are privatized. After many years of postponement of the privatization think is right Bulgartabac to obtain a higher price if he can maintain and in 2010 and even increase its share of the market, she said.
In her words – so far the State has always waged a policy to some extent support the Bulgarian manufacturer and now this policy continues. Another argument for this option is that not to excise policy to encourage the use of low quality cigarettes containing many more harmful substances.

Between 1.10-1.40 euro appreciation will be a brand of cigarettes Bulgartabac if Parliament adopted a Resolution on the Budget and Finance Committee of the specific excise duty rate should be 101 leva in 1000 short and the proportional excise duty – 23 percent of the selling price . In an interview for FOCUS News Agency’s executive director Ivan Bilarev Holding said it was the lesser evil for the consumer. At this rate smoker will select the brand, quality and not price, said Bilarev.

Finance

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Finance

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