Alcoholic beverages inflation rate at 7.6%
“Sin taxes” adjusted in February
Overall, Namibia recorded an annual inflation rate of 7.2% in February 2023 compared to 4.5% February 2022.
Finance minister Iipumbu Shiimi in his budget speech last month announced an adjustment in “sin taxes” on the consumption of alcoholic beverages, tobacco, cigarettes and cigars
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