Rs250bn spent on smoking in FY14

Published October 26, 2014
Pakistanis burnt their Rs250 billion to ashes through smoking of over 64bn cigarettes in the financial year FY14. -- File photo
Pakistanis burnt their Rs250 billion to ashes through smoking of over 64bn cigarettes in the financial year FY14. -- File photo

KARACHI: Pakistanis burnt their Rs250 billion to ashes through smoking of over 64bn cigarettes in the financial year FY14, disclosed a State Bank report recently issued.

The State Bank’s Statistical Bulletin reports that Pakistanis smoked 64.48bn cigarettes in the year FY-14.

Despite the rising cost of cigarettes, manufacturers have succeeded in maintaining and keeping up with the demand.

The average price of cigarette is considered Rs4 (conservative estimate) and the total price of 64.48bn cigarettes comes to an estimated Rs258bn.

The most popular brand Gold Leaf is available at Rs100 per pack of 20 cigarettes or Rs5 per cigarette.

The minimum price of cigarettes available in the market is Rs50 per pack of 20 cigarettes or Rs2.5 per cigarette.

Costly imported cigarettes are also available in the market which can go up to Rs150 plus per pack.

Though there is no research available as to how much the low income group contributes to the huge figure of 64.48bn cigarettes, however there is no doubt that the group is actively consuming cigarettes manufactured in the country.

It is believed that about 110 million Pakistanis cannot afford two meals and face low to moderate food insecurity. However, this large population is also responsible for the huge turnover in the cigarette industry.

If calculated on per day basis, 177 million cigarettes per day were consumed in FY-14.

Though the figure shared by the SBP bulletin is based on recorded/official sales, billions of smuggled, fake and unbranded cigarettes are produced and sold in the country.

Cigarettes dealers said branded cigarettes are smuggled from Pakistan to regional countries due to better taste of tobacco produced in Pakistan.

Cancerous deaths

In Pakistan, tobacco and cigarette smoking is said to be responsible for 90 per cent of lung cancer cases. Over 100,000 people, including women and children become victim to lung cancer annually while many more are left disfigured and with life-long illnesses including heart disease and hypertension.

In this scenario, the government and health authorities have failed to curtail the number of smokers in the country which continues to increase with each passing day.

Though the Prohibition of Smoking in Enclosed Places and Protection of Non-smokers Health Ordinance 2002 is there, its implementation remains a hard task for the health agencies.

Published in Dawn, October 26th, 2014

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

X post facto
Updated 19 Apr, 2024

X post facto

Our decision-makers should realise the harm they are causing.
Insufficient inquiry
19 Apr, 2024

Insufficient inquiry

UNLESS the state is honest about the mistakes its functionaries have made, we will be doomed to repeat our follies....
Melting glaciers
19 Apr, 2024

Melting glaciers

AFTER several rain-related deaths in KP in recent days, the Provincial Disaster Management Authority has sprung into...
IMF’s projections
Updated 18 Apr, 2024

IMF’s projections

The problems are well-known and the country is aware of what is needed to stabilise the economy; the challenge is follow-through and implementation.
Hepatitis crisis
18 Apr, 2024

Hepatitis crisis

THE sheer scale of the crisis is staggering. A new WHO report flags Pakistan as the country with the highest number...
Never-ending suffering
18 Apr, 2024

Never-ending suffering

OVER the weekend, the world witnessed an intense spectacle when Iran launched its drone-and-missile barrage against...