BR100 Increased By (0.44%)
BR30 Increased By (1.39%)
KSE100 Increased By (0.62%)
KSE30 Increased By (0.61%)
BECO 5.43 Decreased By ▼ -0.06 (-1.09%)
BML 55.69 Decreased By ▼ -1.07 (-1.89%)
BOP 35.38 Increased By ▲ 0.26 (0.74%)
CNERGY 8.20 Increased By ▲ 0.05 (0.61%)
DCL 11.55 Increased By ▲ 0.04 (0.35%)
FCCL 58.36 Increased By ▲ 1.61 (2.84%)
FCSC 5.12 Decreased By ▼ -0.03 (-0.58%)
FFL 17.84 Decreased By ▼ -0.04 (-0.22%)
FNEL 1.25 No Change ▼ 0.00 (0%)
HUMNL 11.07 Decreased By ▼ -0.05 (-0.45%)
KEL 8.75 Increased By ▲ 0.33 (3.92%)
KOSM 6.69 Increased By ▲ 0.11 (1.67%)
MLCF 107.15 Increased By ▲ 3.85 (3.73%)
NBP 201.73 Increased By ▲ 1.55 (0.77%)
PACE 11.30 Increased By ▲ 0.01 (0.09%)
PAEL 44.49 Increased By ▲ 1.02 (2.35%)
PIAHCLA 29.41 Increased By ▲ 1.92 (6.98%)
PIBTL 18.64 Increased By ▲ 0.94 (5.31%)
PPL 247.98 Increased By ▲ 3.66 (1.5%)
PRL 35.29 Decreased By ▼ -0.14 (-0.4%)
PTC 66.14 Increased By ▲ 0.79 (1.21%)
SEARL 95.49 Increased By ▲ 2.17 (2.33%)
SSGC 32.04 Decreased By ▼ -0.90 (-2.73%)
TELE 8.87 Decreased By ▼ -0.04 (-0.45%)
THCCL 66.61 Decreased By ▼ -0.11 (-0.16%)
TPLP 10.57 Decreased By ▼ -0.26 (-2.4%)
TREET 25.30 Increased By ▲ 0.18 (0.72%)
TRG 64.40 Decreased By ▼ -0.50 (-0.77%)
WAVES 10.90 Decreased By ▼ -0.03 (-0.27%)
WTL 1.26 Increased By ▲ 0.01 (0.8%)

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.