World Bank urges building broad consensus for ‘health tax’ measures - BusinessWorld Online

Malaysia News News

World Bank urges building broad consensus for ‘health tax’ measures - BusinessWorld Online
Malaysia Latest News,Malaysia Headlines
  • 📰 bworldph
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

THE WORLD Bank said countries resorting to “health taxes” like those imposed on tobacco and alcoholic beverages must achieve broad-based partnerships that generate a strong consensus supporting such measures, and not just deploy straightforward arguments.

UNSPLASH

“Health taxes have been gaining attention due to their dual focus on health as well as revenue impacts. “For example, in the Philippines, the successful passage of the Sin Tax Law of 2012 was in large part due to linking the reform to benefits for the health sector,” the bank said. Apart from reducing the consumption of harmful products, health taxes can also raise revenue when designed with the right rate structures, supported by complementary administrative measures, the World Bank said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

bworldph /  🏆 9. in PH

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

At this female-focused clinic, women’s health goes beyond seeing an OB-GYNEAt this female-focused clinic, women’s health goes beyond seeing an OB-GYNEA more holistic approach to women’s health takes all these issues and more into consideration – and that’s exactly what Kindred, a new female-centric clinic in Taguig is set on doing.
Read more »

Kris Aquino shares new health update, works to extend stay in USKris Aquino shares new health update, works to extend stay in USOn Christmas Eve, Kris Aquino shared a new health update on her treatment as she filed the necessary paperwork to extend her stay in the US legally.
Read more »

27 injured in Cairo stadium collapse, says health ministry27 injured in Cairo stadium collapse, says health ministryCAIRO, Egypt — At least 27 people were injured on Saturday, December 24, when part of a sports stadium south of Cairo collapsed during a basketball match, Egypt&039;s health ministry
Read more »

Kris Aquino gives updates about her health and situation in the United StatesKris Aquino gives updates about her health and situation in the United StatesThe update is just the latest chapter in Kris Aquino's ongoing health battle against her autoimmune conditions.
Read more »

China’s National Health Commission to stop publishing daily COVID figuresChina’s National Health Commission to stop publishing daily COVID figuresBEIJING — China&039;s National Health Commission, which for the past three years or so has published daily COVID-19 case figures for the country, said it will no longer release such data from
Read more »



Render Time: 2025-03-09 05:07:13