Skip to content
Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Olivia Wilde Trailer Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia
    Videos

    Olivia Wilde Trailer Shows Gregg Araki Thriller I Want Your Sex Trailer Shows Olivia

    June 11, 2026 1 Min Read
    Alia Bhatt Alpha teaser shows the actor entering action mode in YRF’s female-led spy thriller.
    Videos

    Alia Bhatt Alpha Teaser Shows Bobby Deol Training Her

    June 10, 2026 1 Min Read
    Fire Point co-owner Denys Shtilerman speaks during an interview with journalist Alesia Batsman.
    Videos

    Ukraine Nuclear Weapons Claim Made By Fire Point Co-Owner

    June 5, 2026 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: IMF Proposes Uniform Tobacco Taxation in Pakistan for Economic Health
PhotoNews PakistanPhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
A graphic shows packs and rows of cigarettes behind large red text reading “TAX,” representing cigarette or tobacco taxation.
PhotoNews Pakistan > Business > IMF Proposes Uniform Tobacco Taxation in Pakistan for Economic Health
Business

IMF Proposes Uniform Tobacco Taxation in Pakistan for Economic Health

Web Desk
By Web Desk Published April 2, 2024 2 Min Read
Share
Cigarette tax concept graphic with tobacco products in the background. Photo: Bangladesh Post
SHARE

The International Monetary Fund (IMF) has suggested a uniform tobacco tax to counteract Pakistan’s economic losses linked to the cigarette industry’s dominance, its widespread use, and the resulting health expenditures.

The IMF’s report calls for a consistent cigarette tax in Pakistan to mitigate health risks and maximize sectoral revenue.

According to the IMF, cigarette consumption dropped by 20-25% following tax hikes on tobacco. The Fund also recommends equal taxes for e-cigarettes and traditional tobacco due to similar health risks.

The Sustainable Development Policy Institute (SDPI) has pointed out tax collection gaps, with Pakistan losing Rs 567 billion in revenue over seven years, per SDPI and Federal Board of Revenue (FBR) data.

Ex-Health Services Minister Dr. Nadeem Jan suggests a 50% tax increase on tobacco products to curb usage among the young, aligning with WHO’s Tobacco Control Framework. Pakistan’s adherence to this Framework stresses the need for consistent cigarette pricing to manage the industry and decrease consumption.

The influence of tobacco giants on tax policies has cost Pakistan dearly. Let's strengthen regulations to ensure corporate interests never outweigh the nation's well-being.#Pak_Loss567Billionpic.twitter.com/WlRMLbZ7vh@FBRSpokesperson@WHO@IMF@worldbank

— Arooma (@IamArooma) March 30, 2024

The WHO proposes strict taxes to lessen tobacco use, noting a 10% price hike could reduce consumption by 4% in wealthier nations and 8% in lower-income areas.

The Pakistan Institute of Development Economics (PIDE) reports that smoking-related diseases and deaths cost Rs 615.07 billion in 2019, about 1.6% of GDP.

A recent Pakistani initiative raised Federal Excise Duty on cigarettes, boosting revenue and reducing smoking rates. The World Bank indicates standardizing this tax could further increase earnings.

Protecting tobacco tax policies from corporate manipulation is paramount. Pakistan must safeguard its economic interests and public health by implementing robust measures against undue influence.#Pak_Loss567Billionpic.twitter.com/OoZqnOoWDh@FBRSpokesperson@WHO@IMF@worldbank pic.twitter.com/9ZY1xkmpnc

— Danish Kaleem (@danesh_kaleem) March 30, 2024

Malik Imran Ahmed of the Campaign for Tobacco-Free Kids (CTFK) encourages following the IMF’s tax reform advice to enhance public health and economic stability.

The IMF cites a Capital Calling study pushing for tax reform proposals.

TAGGED:FeaturedPak­istan
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

Recent Posts

Pakistan Railways privatized trains under public-private partnership model for Rs10.75 billion

Pakistan Railways Privatized Trains Fetch Rs10.75bn

Stock movers on Tuesday included SpaceX and Moderna among the biggest gainers, while Intel, Planet Labs and Huntsman led notable declines.

Stock Movers: SpaceX, Moderna Rise as Intel Falls

PCB central contracts shift to five confidential tracks under new format-specific model

PCB Central Contracts Shift to Five Confidential Tracks

Post Archives

More Popular from Photonews

Rawalakot firing video shows armed men allegedly attacking AJK police during unrest.
Azad Jammu Kashmir

Rawalakot Firing Video Shows Attack on AJK Police

2 Min Read
NAB Balochistan land recovery operation covers state land in Quetta, Sibi, Sherani, Hub, Lasbela and Gwadar.
Balochistan

NAB Balochistan Recovers Rs414bn State Land

2 Min Read
US-Iran Peace Agreement welcomed by global leaders after Pakistan mediation and Strait of Hormuz reopening plan
Top NewsWorld

US-Iran Peace Agreement Draws Global Praise For Pakistan

3 Min Read
Business

OpenAI Anthropic IPO Race Heats Up After SEC Filings

OpenAI and Anthropic are racing toward blockbuster IPOs after both AI companies filed confidentially with U.S.…

June 12, 2026
Business

Market Update: ASX Futures Rise As Wall Street Mixed

Market update data showed ASX 200 futures up 13 points, or 0.2%, to 8,624 on June…

June 10, 2026
World

Belfast Anti-Immigrant Protests Erupt After Stabbing

Belfast anti-immigrant protests turned violent on Tuesday, June 9, following the police's charging a 30-year-old man…

June 10, 2026
Entertainment

Taylor Swift Billboard No. 1 Breaks Pixar Record

Taylor Swift’s “I Knew It, I Knew You” debuted at No. 1 on the Billboard Hot…

June 16, 2026
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

    Categories

    • World
    • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir

     

    • Top News
    • Business
    • Entertainment
    • Sports
    • Videos
    • Tech
    • Offbeat
    • Blog
    • About Us
    • Privacy Policy
    • Code of Ethics & Editorial Standards

    © 2026 Phototnews
    All Rights Reserved.

    Welcome Back!

    Sign in to your account

    Lost your password?