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168 Hours: Tobacco import declines
12:18 08/11/2014 ยป DAILY PRESS
According to the Customs Service of the Armenian Finance Ministry, a
total of 1472.7 million cigarettes were imported to the country in the
nine months of this year, at a customs cost of $21.1 million. In the
same period of last year, 1732.7 million cigarettes ($33.9 million)
were imported, 168 Hours writes.
The budget revenues from tobacco import have fallen by 9.6 percent as
compared with the last year, the newspaper says.
The decline is due to the lower purchasability of the population as
well as a smaller market size - and emigration is one of its reasons,
the daily notes.
Source: Panorama.am
12:18 08/11/2014 ยป DAILY PRESS
According to the Customs Service of the Armenian Finance Ministry, a
total of 1472.7 million cigarettes were imported to the country in the
nine months of this year, at a customs cost of $21.1 million. In the
same period of last year, 1732.7 million cigarettes ($33.9 million)
were imported, 168 Hours writes.
The budget revenues from tobacco import have fallen by 9.6 percent as
compared with the last year, the newspaper says.
The decline is due to the lower purchasability of the population as
well as a smaller market size - and emigration is one of its reasons,
the daily notes.
Source: Panorama.am