Uniform Cigarette Taxation: solution to economic losses and health concerns

Pakistan, March 31 -- Pakistan has suffered significant economic losses due to the dominance of the cigarette industry, high consumption rates and subsequent health cost over the years and to deal these challenges the IMF has recently proposed a uniform taxation on tobacco sector.

The International Monetary Fund (IMF), in its report, urged Pakistan to implement uniform taxation on cigarettes, emphasizing the need to address health concerns and generate maximum revenue from the sector.

The IMF's recommendation comes in the wake of a significant decline in cigarette consumption by 20-25 percent following an increase in taxes on tobacco products. It also advocates subjecting e-cigarettes to similar taxation as traditional tobacco products, h...