06 Jun 2021

Cigarette prices in Egypt, both domestic and imported, will increase by EGP0.50/pack on 1 July 2021. This increase is part of the government’s plan to levy a new tax on cigarettes that will ultimately amount to EGP1.50/pack, which was legislated in 2018. The current increase is by EGP0.25/pack, with the VAT rising by another EGP0.25/pack. The tax aims to fund the new universal healthcare system that is currently being rolled out gradually in phases across Egypt. (Source: al-Maal, al-Ahram, Veto Gate)