00:00 The illicit cigarette revenue losses is expected to increase by 43 billion pesos over the next
00:06 four years.
00:07 The government is likely to lose some 30.57 billion pesos in revenues, while the lost
00:12 taxes will further expand to 33.7 billion pesos in 2024.
00:17 Moreover, the high smoking prevalence in the country is still a major issue, especially
00:23 for the youth and individuals under lower socioeconomic class.
00:27 (upbeat music)
