Demtoco says tobacco control bill unfair, will have negative impact on economy

By Stabroek News On In Guyana News |
From left are: Maurlain Kirton, Managing Director of Demerara Tobacco; Chandradat Chintamani, member of the board; British American Tobacco representative on the board, Raoul Glynn at the press briefing yesterday at the Cara Lodge Hotel.
From left are: Maurlain Kirton, Managing Director of Demerara Tobacco; Chandradat Chintamani, member of the board; British American Tobacco representative on the board, Raoul Glynn at the press briefing yesterday at the Cara Lodge Hotel.

With an input of $4 billion into Guyana’s economy last year, the Demerara Tobacco Company (Demtoco) is of the opinion that if the Tobacco Control Bill 2017 is signed into law in its current form without being reviewed by a select committee of Parliament, the country stands to lose billions in revenue from the tobacco industry.

“The bill in its current form will have an impact on revenue collection.