US EditionRaise tobacco taxes: A fiscal and moral imperative - The Financial Daily
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Raise tobacco taxes: A fiscal and moral imperative - The Financial Daily
As Pakistan approaches its 2025-26 federal budget, increasing the Federal Excise Duty (FED) on tobacco products is not only a fiscal necessity but also a critical public health intervention. With over 31.6 million adult tobacco users and more than 160,000 tobacco-related deaths annually, the country faces a health emergency that also strains its economy. Smoking-related illnesses cost Pakistan around 1.6% of its GDP each year, underscoring the d…
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