Kazakh National Economy Minister Alibek Kuantyrov told the Majilis plenary session that excise taxes on cigarettes in Kazakhstan should not be less than EUR 28 in 2024, reports kazinform.

“The obligations were taken to harmonize tobacco products excise taxes within the EAEU. In 2024, excise taxes on cigarettes should stand at no less than EUR 28,” the Minister said while presenting the draft law on amending the Tax Code. He explained that meeting the above commitments will require a gradual increase in excise duties. Besides, it is also proposed to raise excises on other tobacco products, including heated tobacco products.