Khairy: 20 to 30 years to see impact of smoking endgame law on economy

Khairy: 20 to 30 years to see impact of smoking endgame law on economy

Khairy: 20 to 30 years to see impact of smoking endgame law on economy

PUTRAJAYA: It will take 20 to 30 years to see the tobacco generational endgame (GEG) legislation’s impact on the economy.

Health Minister Khairy Jamaluddin said the tobacco industry contributed only RM3 billion in taxes, or 0.81 per cent of the gross domestic product (GDP).

Based on a survey conducted by the ministry, Khairy said the loss in productivity caused by smoking would be higher than the industry’s GDP contribution if the Tobacco and Smoking Control Bill is defeated in Parliament.





“It will take a long time before the tobacco industry becomes extremely small after the GEG law is in force.

“The economic impact will not happen overnight. For example, if you are 18 years old now, you can smoke until the day you die.”

He dismissed claims that the GEG law would lead to a rise in illicit cigarette smuggling.


Disyorkan Untuk Anda :


“Logically, the demand for cigarettes will drop when it becomes a norm among people born after 2007 (not to smoke).

“Automatically, the demand for illicit cigarettes will drop when there is a reduction in the demand for cigarettes.”





Khairy gave an assurance that his ministry was working with other ministries and agencies to stamp out illicit cigarettes.

“It does not mean we can’t do the right thing just because the illicit (cigarette) market exists.

“In fact, we can do both — pass the GEG law and fight the illicit market at the same time.”

No criminal record, jail for tobacco GEG law offenders, pledges KJ





Khairy: 20 to 30 years to see impact of smoking endgame law on economy


Disyorkan Untuk Anda :

Lawati Laman :


PN Tetap Tuntut Jawatan TPM Ketika RUU Anti Lompat Parti Di Bahaskan Di Parlimen

 

 





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