The World Health Organization (WHO) has said that raising taxes on cigarette will be a “win-win-win” situation and can save around 460,000 lives.
According to WHO representative to the Philippines, Gundo Weiler, on Monday (June 3) excise taxes on cigarette is a win for the economy.
Reminder – Tobacco taxes are win-win-wins: 1) save 460,000 lives in
— Gundo Weiler (@GundoWeiler) June 3, 2019by rise to 60 peso; 2) avoid unnessesary expenses for cigarettes and disease (in particular amongst poorest); 3) generate funding for #UHC act implementation! https://t.co/FWH2DZdXoJ
by rise to 60 peso; 2) avoid unnessesary expenses for cigarettes and disease (in particular amongst poorest); 3) generate funding for “We know that individually, especially for the poorest segment of the society, increasing [the price of] tobacco will actually help them save money. They spend less on cigarettes. They will spend less on unnecessary health care,” he said.
Weiler adds that the collected tax can be used to fund the government’s Universal Health Care (UHC).
The post Country in a ‘win-win-win’ situation with increased cigarette tax—WHO appeared first on UNTV News.