Friday, November 30, 2018

New Premier Mahinda Rajapakshe Has Instructed Finance Ministry To Reduce Sugar Tax Imposed On Soft Drinks To Reduce Diabetes, From 50 Cents To 30 Cents

The 50 cent Sugar tax imposed on Soft drinks and  by the Good Governance government recently as a step to prevent spreading non communucable diseases including diabetes  due to be reduced to 30 Cents under the instructions of Appointed Premier and Finance Minister Mahinda Rajapakshe according to the Ministry of Finance .

During a meeting held between local Soft drinks and Biscuit manufacturers and appointed Premier Rajapakshe yesterday  (30)at Prime Minister's office Premier Rajapakshe has instructed the Finance Ministry to reduce the Sugar Tax of 50 cents imposed on  per 1 Gramme of Sugar contains in Soft  drinks  to 30 cents .

Soft Drink Manufacturers are due to reduce the prices of their soft drinks as a result of  the concession they have received from the new Premier they have stated during the meeting it has been reported .

 Premier Rajapaksha has also instructed the Finance Ministry to remove the Sugar tax imposed on Carbonated Drinks upto 6 Grammes of Sugar and for Fruit drinks upto 9 Grammes.

There will be no Sugar tax imposed on sweet products including Biscuits under the appointed government Premier Rajapakshe has assured the Local sweet manufacturers when they told him regarding such a plan recently.

All these decisions had been taken according to advice of National Economic Council the Finance Ministry has stated. 

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