Indonesia will increase excise tax rates for tobacco products by an average of 10 per cent next year, reports Reuters.

The move was necessary to control cigarette consumption, Finance Minister Sri Mulyani Indrawati said at a news conference.
The rates will be raised again by 10 per cent in 2024, the minister said, adding that a higher increase will be applied for machine-rolled cigarettes.
Indonesia has raised excise rates on tobacco products almost every year in recent years in an effort to reduce smoking rates among young people. This year, rates are 12 per cent higher on average than last year.