Cigarette Smuggling at $800m p.a.
Cigarette Smuggling at $800m p.a.

Cigarette Smuggling at $800m p.a.

Cigarette Smuggling at $800m p.a.

Cigarette consumption in Iran stands at 55 billion a year, of which 6 billion with an estimated value of 30 trillion rials ($800 million) are smuggled into the country, the head of Tobacco Planning and Supervision Center said. “Cigarette smuggling has been on a major downtrend since the fiscal 2013-14. However, it still takes a heavy toll on budget and the economy as well as local production,” Ali Asghar Ramzi added. The official had earlier put the number of smuggled cigarettes into the country at 2.15 billion in Q1 (March 21-June 21, 2017), 48% fewer than last year’s corresponding period. “The number of smuggled cigarettes confiscated last year rose to 1.74 billion from only 240 million in the fiscal 2013-14,” Amir Mohammad Parhamfar, another official with the center, said.

Short URL : https://goo.gl/ieBUVb
  1. https://goo.gl/3i7XqW
  • https://goo.gl/xfeqLk
  • https://goo.gl/DYMQBE
  • https://goo.gl/hdCpLN
  • https://goo.gl/1pp4Fu

You can also read ...

Automotive Giants Hit  by Massive Data Breach
Security researcher UpGuard Cyber Risk disclosed Friday that...
Travel Currency Policy Facing Revision
Confirming rumors of an imminent change in the Central Bank of...
Mindful of the risks inherent in starting a trade war with the US, the EU will probably not be able to provide Tehran with extensive support.
If it wants to keep the nuclear deal alive, the EU will need...
Iranian Parliament Firm on Preventing FATF Blacklisting
Majlis Economic Commission, a major force in Iran's Parliament...
Secondary Forex Market Rates to Soar
The supply of currency to the Secondary Forex Market will...
Command Economy Taking Biggest Toll on Stocks
Bulls at Tehran stock market are exhausted, as bears keep...
21% Rise in Non-Oil Trade With Afghanistan
Iran traded 1.58 million tons of non-oil commodities worth $...
No Reverting to Economic Policies of 1980s
One of the wonders in this day and age, in Iran, is the...

Add new comment

Read our comment policy before posting your viewpoints