ISLAMABAD: After a significant increase in taxes on tobacco products, cigarette consumption has decreased by 20 to 25 percent in Pakistan.
The IMF has revealed that cigarette consumption in Pakistan has decreased by 20 to 25 percent after significant increases in prices or taxes on tobacco products.
This revelation came out in a technical assistance report issued by the Commission for “Pakistan Policy Diagnostics and Reforms Options” in February. Earlier, the IMF directed to impose uniform excise rates on both local and foreign cigarette manufacturers. was
