The report recommends an optimal timetable for the adjustment of cigarette excise duty rates in Ukraine to the European Union’s requirements. It has been prepared as part of The Business Council of the «Price of the State ».
Policymakers in Ukraine seem to suffer from chronic short-sightedness. Momentary profit always triumphs over optimal long-term outcomes in their mind, and future generations will no doubt be stuck with the bill for legislators’ lack of judgment.