The Singapore government has announced a 20% increase in tobacco excise duty as part of the 2026 Budget, aiming to reduce smoking rates across the population. This move follows a national survey showing a decline in daily smoking prevalence from 8.8% in 2023 to 8.4% in 2024. The rise in taxes is expected to discourage consumption, particularly among younger adults and price-sensitive groups, aligning with long-term public health goals.
The policy reflects ongoing efforts to support tobacco control initiatives and promote healthier lifestyles. Authorities emphasize that the revenue generated will be reinvested into healthcare and anti-smoking campaigns. The adjustment comes amid broader global trends toward stricter tobacco regulation and increased awareness of smoking-related health risks.