Egyptian Tobacco Division official calls on govt to address cigarette price hikes

The Egyptian government must intervene to solve rising cigarette prices in the market, the head of the Tobacco Division at the Federation of Industries Ibrahim Embaby said.

During a telephone conversation on Thursday with TV presenter Mohamed Ali Khair on the “Al-Masry Effendi” program, he explained that the finance minister seeks to obtain 86.9 percent from the smoking products sector in order to spend on education, health and other sectors.

Embaby said he met with some officials and discussed matters regarding the state treasury, producing companies as well as preserving consumer rights.