HomeInflation NewsIncrease in cigarette prices in Pakistan: only financial gain or possible reduction...

Increase in cigarette prices in Pakistan: only financial gain or possible reduction in smoking trend?

“It’s been years since I gave up cigarettes. In my opinion, they should cost four times as much.”

This is the opinion of a consumer who is not only happy with the recent increase in the price of cigarettes in Pakistan, but also wants to increase its price further.

Medical experts will certainly agree with his opinion, but on the other hand, there is a section that seems to be worried about the exorbitant increase in the prices of cigarettes.

It should be noted that after negotiations with the IMF, the government of Pakistan promised to impose a new tax of 170 billion rupees on the one hand, but on the other hand, it increased the federal excise duty on cigarettes, after which the prices of cigarette brands in Pakistan almost doubled. has increased.

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