BR100 Decreased By (-0.67%)
BR30 Decreased By (-0.45%)
KSE100 Decreased By (-0.59%)
KSE30 Decreased By (-0.71%)
AGHA 7.71 Decreased By ▼ -0.10 (-1.28%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.50 No Change ▼ 0.00 (0%)
BOP 34.16 Increased By ▲ 0.13 (0.38%)
CNERGY 10.06 Increased By ▲ 0.10 (1%)
CSIL 5.30 Decreased By ▼ -0.01 (-0.19%)
FCCL 53.99 Decreased By ▼ -0.71 (-1.3%)
FFL 16.56 Decreased By ▼ -0.13 (-0.78%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 7.26 Decreased By ▼ -0.14 (-1.89%)
KOSM 5.73 Decreased By ▼ -0.04 (-0.69%)
LOTCHEM 29.20 Decreased By ▼ -0.12 (-0.41%)
MLCF 92.35 Decreased By ▼ -2.01 (-2.13%)
NBP 202.30 Decreased By ▼ -0.75 (-0.37%)
NCPL 56.70 Decreased By ▼ -0.30 (-0.53%)
NPL 66.90 Decreased By ▼ -0.80 (-1.18%)
OGDC 314.25 Decreased By ▼ -1.59 (-0.5%)
PACE 10.59 Decreased By ▼ -0.05 (-0.47%)
PAEL 42.60 Decreased By ▼ -0.60 (-1.39%)
PIBTL 16.60 Decreased By ▼ -0.14 (-0.84%)
PPL 218.20 Decreased By ▼ -1.58 (-0.72%)
PRL 51.20 Increased By ▲ 2.01 (4.09%)
PTC 70.39 Decreased By ▼ -0.14 (-0.2%)
SSGC 27.33 Decreased By ▼ -0.92 (-3.26%)
TBL 9.79 Decreased By ▼ -0.07 (-0.71%)
TELE 8.67 Decreased By ▼ -0.12 (-1.37%)
TPL 18.30 Increased By ▲ 0.06 (0.33%)
TPLP 13.51 Increased By ▲ 0.24 (1.81%)
TREET 22.59 Decreased By ▼ -0.13 (-0.57%)
TRG 59.91 Decreased By ▼ -0.23 (-0.38%)

ISLAMABAD: Health experts have expressed satisfaction over government’s decision to increase taxation on tobacco products. In a press release shared by Society for Protection of Rights of the Child (SPARC), the experts applauded the move by government to increase taxes for the first time in four years. The experts also put forward their recommendations for future to save millions of lives from harms of tobacco.

Malik Imran Ahmed, Country head Campaign for Tobacco Free Kids (CTFK) said, that every year tobacco industry tries to manipulate policy makers in order to fill its coffers at expense of lives of more than 170,000 people who die due to diseases caused and aggravated by usage of tobacco products. He expressed satisfaction that this year the government has not listened the deceptive tactics of big tobacco industry and raised taxes on tobacco products.

Khalil Ahmed Dogar, Program Manager, SPARC stated that government should have considered the growing inflation rate while finalizing the taxes on tobacco products for fiscal year 2022-23. He mentioned that due to increase in inflation and hike in dollar price, the prices of tobacco should be raised accordingly. “Although this is a small step but in right direction because this reduces consumption tobacco and its accessibility and will also keep the minors off from tobacco,” he continued.

Shariq Ahmed, CEO, Chromatic Trust stated that the country is facing a severe shortage of funds to combat the poverty crisis. The government needs to remain steadfast to overcome any challenges thrown by big tobacco industry.

The next steps are strict implementation of laws regarding graphic health warnings, promotion and advertising bans, and smoke-free places.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.