Advertisement
News

Experts Advocate for Higher Tobacco Taxation to Boost Economy

Advertisement

Amid economic challenges, experts and anti-tobacco activists are urging for increased tobacco taxation as a means to bolster the economy and advance public health agendas.

The Society for the Protection of Rights of the Child (SPARC) issued a statement urging new Finance Minister Muhammad Aurangzeb to consider tobacco taxation as a potential solution to economic woes, emphasizing its dual benefit of addressing economic concerns while promoting public health.

SPARC echoed the sentiments of health activists, emphasizing the need for higher taxes on cigarettes over utilities. This strategic approach, according to SPARC, aligns with public health goals and addresses broader economic implications associated with tobacco use.

Malik Imran Ahmad, Country Head of the Campaign for Tobacco-Free Kids (CTFK), highlighted the significant challenge posed by tobacco consumption in Pakistan, with approximately 31.9 million adults consuming tobacco. Ahmad stressed the impact on public health and the economy, emphasizing the burden on healthcare resources to treat smoking-induced non-communicable diseases.

IBC Director Rabia Syed proposed a 26% increase in taxes on cigarettes, which could generate an additional Rs17 billion in revenue for Pakistan. Syed emphasized that this proposal not only addresses immediate fiscal pressures but also aligns with broader public health objectives outlined by the WHO, aiming to discourage tobacco consumption and protect public health.

Advertisement
Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

Recent Posts

Federal Government Plans 25% Salary Hike and New Allowances for Employees

The federal government is set to implement significant salary increases and new allowances for its…

1 day ago

Full Justice for May 9 Riots Dependent on Punishing Masterminds: ISPR

Complete justice over the May 9 incidents would be served when the masterminds and planners…

1 day ago

CCP Fines Karachi Dairy Associations for Collusion in Milk Price Hikes

The Competition Commission of Pakistan (CCP) has levied fines on dairy associations in Karachi for…

1 day ago

AKU’s Dr Zulfiqar Bhutta Honoured Globally

In a proud moment for Pakistan and the global healthcare community, Dr Zulfiqar Ahmed Bhutta,…

2 days ago

OGRA Reduces LNG Prices for December

The Oil and Gas Regulatory Authority (OGRA) has announced a reduction in liquefied natural gas…

2 days ago

Trudeau’s Government on Brink of Collapse as NDP Pledges No-Confidence Motion

Canadian Prime Minister Justin Trudeau is on the verge of losing power after New Democratic…

2 days ago