The country has no taxes on non-companies, but authorities have announced plans to levy taxes on junk food and luxury items. The taxes would be implemented on goods that harm the human body – for example, fast food, tobacco products, and soft drinks. The rollout of these initial taxes is believed to be due to the fall in oil prices and a deficit that the country faced in 2016. Additionally, the country has seen job cuts in 2016 from its petroleum companies and other sectors in the government.