Canada Global (Web News) 14% of smokers quit smoking due to increase in taxes.
According to a report by Capital Calling, a network of researchers and experts working on tobacco control, Pakistan has made significant progress by increasing the federal excise duty by 146 percent in accordance with the recommendations of the World Health Organization.
Tax increases have reduced cigarette consumption by more than 20 billion, with 14 percent of people quitting.
From 2020 to 2023, the tax was increased slightly due to industry pressure, arguing that raising taxes on cigarettes reduced government revenue.
This position has now been proven wrong as a significant increase in FDE rates in February 2023 has resulted in historic revenue for the government from the tobacco industry.
The WHO Framework Convention on Tobacco Control (FCTC) identifies taxation as the most cost-effective way to reduce tobacco use.
