
POLITICIANS IN SOUTH Korea want to bring in an 80 per cent cigarette price hike in a bid to cut tobacco use by over a third.
The plans aren’t all that dissimilar to an idea mooted here by Minister James Reilly earlier this year. He said a pack of 20 should cost €20 — more than double the current cost.
Officials at the Department of Finance have warned that any steep increase in prices could lead to a surge in consumption of black market tobacco.
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