Increasing cigarette prices via higher taxes imposed on manufacturers will save more than 27 million lives in five Asian countries, the Asian Development Bank (ADB) said in a study released Tuesday. The Manila-based lender said increasing the price of cigarettes by 25 to 100 percent would also cut the number of current and future smokers in China, India, the Philippines, Thailand, and Vietnam by nearly 67 million. ADB noted that a 50-percent increase in cigarettes which corresponds to a tax increase of about 70 to 122 percent will generate 24 billion U.S. dollars in additional revenues annually. \"Aggressive tobacco control via higher taxation enhances overall economic welfare,\" the ADB study read. Apart from increasing government revenues, the study said discouraging smokers through higher prices will also result in higher productivity and reduced health expenditures. In the absence of intervention, the study said smoking will eventually kill about 267 million current and future cigarette smokers who are alive today in the five Asian countries. The ADB noted that two-thirds of the world\'s tobacco users live in just 15 countries, five of which are in Asia.
GMT 14:01 2018 Thursday ,30 August
Expat with rare heart disorder gets life-saving surgeryGMT 00:18 2018 Tuesday ,23 January
Boy with 10-pound tumour on face diesGMT 21:23 2018 Monday ,22 January
All set for first global medical tourism conference in DubaiGMT 22:46 2018 Sunday ,21 January
Second face transplant for FrenchmanGMT 07:51 2018 Saturday ,20 January
Trio aquitted of negligence in Canada railway disasterGMT 10:57 2018 Thursday ,18 January
Breastfeeding for 6 months cuts diabetes risk in half: studyGMT 16:10 2018 Wednesday ,17 January
Child mummy in Italy had hepatitis, not smallpoxGMT 18:36 2018 Tuesday ,16 January
Greece strikes cause transport chaos, healthcare delays

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor