Proceeds from the excise tax on sugary drinks will be used to treat diabetes

Proceeds from the excise tax on sugary drinks will be used to treat diabetes

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The proceeds from the taxation of sugar-sweetened drinks will be directed to the treatment of patients with diabetes. The corresponding program has already been submitted to the government, said the head of the Ministry of Health, Mikhail Murashko.

“Funds (from the excise tax on sugar-containing drinks.— “b”) will go just for (treatment.— “b”) diabetes mellitus. The program has now been submitted to the government, and we are waiting for its finalization,” the minister said at the government hour in the State Duma (quote from Interfax).

President Vladimir Putin signed law on excise tax on sweet drinks on November 21. Excise tax in the amount of 7 rubles. per liter will tax drinks with a sugar content of more than 5 g per 100 ml. It will be introduced from July 1, 2023. The authorities expect that this initiative will lead to an increase in revenues of 35 billion rubles. in year. The initiative was not supported by the Union of Producers of Juices, Water and Drinks.

Details – in the publication “Kommersant” “Business is not sugar”.

Laura Keffer

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