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Eqypt to Legalize Cannabis to Balance Budget?

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Submitted by Marijuana News on Tue, 04/07/2015 - 08:00

Spreading like wildfire across the news this morning is a statement by the Chairman of Cigarette Dealers Association, suggesting the legalisation of hash in Egypt...

 

Egyptians are finally waking up to the realisation that Egypt would benefit from the legalisation of the use and trade of hash. Spreading virally online this morning is a statement made by the Chairman of the Cigarette Dealers Association in Cairo and Giza, Osama Salama, who believes that the legalisation would be a fast and effective way to reduce the state budget deficit within a few years.

According to Al-Masry Al Youm, Salama claims, “The government spends LE 1 billion every year to fight it, only managing to uncover around 15 percent of the total traded amount.” Furthermore the illegal trading of hashish amounts to LE 42 billion annually, constituting 2.5% of the national income.

Salama suggests a 10% tax on hash that...

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Egypt

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http://www.cairoscene.com/ViewArticle.aspx?AId=125388-Chairman-Calls-For-Legalization-of-Hash-To-Balance

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