RPT-WHO says low taxes are making sugary drinks, alcohol more affordable

Reuters
01/13
RPT-WHO says low taxes are making sugary drinks, alcohol more affordable

Repeats to additional readers, no change to content of item

By Christy Santhosh

Jan 13 (Reuters) - Sugary drinks and alcohol are not being sufficiently taxed and remain affordable, making it harder to tackle the chronic health problems caused by these beverages, according to two reports from the World Health Organization.

The WHO has called for higher taxes on alcohol and sugar-sweetened drinks multiple times in recent years, arguing it would help cut consumption of the products which contribute to diseases such as diabetes, as well as raise money at a time when development aid is shrinking and public debt is rising.

According to a report from WHO, sugary drinks have become more affordable in 62 countries in 2024 compared with 2022. In a separate report, the health agency said beer has become more affordable in 56 countries during the same period.

"Health taxes are not a silver bullet, and they're not simple. They can be politically unpopular and they attract opposition from powerful industries with deep pockets and a lot to lose, but many countries have shown that when they're done right, they're a powerful tool for health," said WHO Director-General Tedros Ghebreyesus.

Last year, the health agency launched the "3 by 35" initiative to push countries to raise the prices of sugary drinks, alcohol and tobacco by 50% over the next 10 years through taxation.

WHO expects the tax initiative to raise $1 trillion by 2035, based on evidence from health taxes in countries such as Colombia and South Africa.

Soda makers such as Coca-Cola KO.N and PepsiCo PEP.O, and Mondelez MDLZ.O, which manufactures Oreo cookies, have faced scrutiny from U.S. Health Secretary Robert F. Kennedy Jr., who has pushed the "Make America Healthy Again" agenda, recommending that consumers avoid highly processed foods and eat more protein and less sugar to achieve a healthy diet.

(Reporting by Christy Santhosh and Neil J Kanatt in Bengaluru; Editing by Krishna Chandra Eluri)

((Christy.Santhosh@thomsonreuters.com;))

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10