imposes

r/Nepal

Nepal currently imposes a tobacco tax of just 15.5% of retail price which is the lowest among the South Asian countries

September 8, 2023

On average, in Nepal the average amount of money spent per year on cigarettes is around 11% of GDP per capita. The recent estimates show around US$1.4 trillion of total economic loss results globally from tobacco use which is equivalent to 1.8% of the world’s annual Gross Domestic Product (GDP). About 40% of this cost occurred […]