By 2020, alcohol, tobacco excise revenue will be removed from Budget - President

Friday, 10 July 2015 00:13 - - {{hitsCtrl.values.hits}}

It is my earnest expectation to remove excise revenue from the alcohol and tobacco sales from the national budget by 2020, said President Maithripala Sirisena.

He pointed out the opinion that the budget is totally depends on the excise revenue and the budget cannot be completed without excise income has taken the country to a national catastrophe. “Therefore, I will strengthen the treasury revenue without the excise income, deeming it as a responsibility of the government” he said. The President made these remarks at the national function for the declaration of National Drugs Eradication Program and Drugs Eradication Month at the Town Council Stadium in Ja-ela. The program has been implemented according to the concept of the President.