Health experts demand evidence-based tobacco control measures

01:18 AM | 30 May, 2023
Health experts demand evidence-based tobacco control measures

LAHORE - High taxes on tobacco products can be a game-changer in Pakistan's fight against tobacco consumption. Not only do they yield significant health benefits by discouraging tobacco use, but they also have positive economic ramifications. By implementing robust taxation policies, Pakistan can effectively curb tobacco consumption and pave the way for a healthier nation. 

Health experts at a pre-budget seminar said that raising taxes on tobacco products has a direct correlation with reduced consumption. Studies have consistently shown that increased prices discourage people, especially youth and low-income individuals, from initiating or continuing tobacco use. By making cigarettes and other tobacco products less affordable, high taxes act as a strong disincentive, leading to a decline in tobacco consumption. This reduction in usage translates to improved public health outcomes, including a decrease in smoking-related diseases and premature deaths.

Speakers said that apart from the health benefits, high taxes on tobacco have positive economic implications for the country. The economic burden of tobacco-related healthcare costs lost productivity, and premature deaths weigh heavily on Pakistan's economy. By curbing tobacco consumption through high taxes, the government can alleviate this burden, allowing resources to be redirected towards essential public services such as healthcare and education. Additionally, the revenue generated from increased taxes can be utilized for tobacco control programs, public awareness campaigns, and support for individuals trying to quit smoking.

According to them, high taxes on tobacco products serve as a preventative measure, particularly among young individuals who are more price-sensitive. By increasing the cost of tobacco, it becomes less accessible and less appealing to potential new smokers. This preventive approach helps to curb the initiation of smoking, ultimately reducing the number of individuals addicted to tobacco in the long run. Additionally, high taxes act as a deterrent for current smokers, motivating them to quit or reduce their tobacco consumption due to the increased financial burden.

Pakistan is a signatory to the World Health Organization's Framework Convention on Tobacco Control (FCTC). This international treaty emphasizes the implementation of evidence-based tobacco control measures, including higher taxes on tobacco products. By fulfilling its commitments under the FCTC, Pakistan can showcase its dedication to promoting public health and align itself with global efforts to combat tobacco use.

Pakistan can create a healthier and more prosperous future for its citizens, by reducing the burden of tobacco-related healthcare costs and redirecting resources towards vital public services. It is crucial for policymakers to recognize the immense potential of high taxes as an effective tool in curbing tobacco consumption and take decisive action to implement robust taxation policies. Together, let us pave the way for a tobacco-free Pakistan.

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Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on Sept 29, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on September 29, 2023 (Friday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 286.05 289.15
Euro EUR 307 310
UK Pound Sterling GBP 353.3 357
U.A.E Dirham AED 80 80.8
Saudi Riyal SAR 76 76.75
Australian Dollar AUD 189 191
Bahrain Dinar BHD 778.84 786.84
Canadian Dollar CAD 220 222.2
China Yuan CNY 40.24 40.64
Danish Krone DKK 41.83 42.23
Hong Kong Dollar HKD 37.93 38.28
Indian Rupee INR 3.57 3.68
Japanese Yen JPY 1.63 1.71
Kuwaiti Dinar KWD 945.27 954.27
Malaysian Ringgit MYR 62.62 63.22
New Zealand Dollar NZD 174.58 176.58
Norwegians Krone NOK 27.87 28.17
Omani Riyal OMR 762.31 770.31
Qatari Riyal ‎QAR 80.69 81.39
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.62 26.92
Swiss Franc CHF 323.01 325.51
Thai Bhat THB 8.12 8.27

Gold Rate in Pakistan Today – September 30, 2023

Today Gold Rate in Pakistan

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 205,600 on Saturday.

The price of 10 grams of 24k gold was recorded at Rs 176,270. Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Today Gold Price in Pakistan - 30 September 2023

City Gold Silver
Lahore PKR 205,600 PKR 2,450
Karachi PKR 205,600 PKR 2,450
Islamabad PKR 205,600 PKR 2,450
Peshawar PKR 205,600 PKR 2,450
Quetta PKR 205,600 PKR 2,450
Sialkot PKR 205,600 PKR 2,450
Attock PKR 205,600 PKR 2,450
Gujranwala PKR 205,600 PKR 2,450
Jehlum PKR 205,600 PKR 2,450
Multan PKR 205,600 PKR 2,450
Bahawalpur PKR 205,600 PKR 2,450
Gujrat PKR 205,600 PKR 2,450
Nawabshah PKR 205,600 PKR 2,450
Chakwal PKR 205,600 PKR 2,450
Hyderabad PKR 205,600 PKR 2,450
Nowshehra PKR 205,600 PKR 2,450
Sargodha PKR 205,600 PKR 2,450
Faisalabad PKR 205,600 PKR 2,450
Mirpur PKR 205,600 PKR 2,450


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