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Nine million this year in the treasury due to increase alcohol and tobacco excise duties

Local | By Correspondent November 27, 2019

WILLEMSTAD - The increase in excise duty on alcohol and tobacco has already raised more than nine million guilders this year.

Over the next three years, the increases are expected to yield nearly 37 million. The Ministry of Finance has made this calculation.

The share of liquor in this calculation until 2022 is more than 21 million, cigars and cigarettes will yield 16 million guilders.

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