Pakistan Minister Ahsan Iqbal urges people to reduce tea consumption to counter economic crisis

Pakistan"s Federal Minister for Planning Ahsan Iqbal urged the people of Pakistan to cut down tea consumption in order to counter economic crisis

NewsBharati    16-Jun-2022 11:50:42 AM
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Islamabad, June 16: World has yet another absurd moment from Pakistan. Amid the severe economic crisis, Pakistan has urged its countrymen to cut down tea consumption to help reduce the import bill eating into the country’s depleting foreign exchange reserves.
 
Pakistan Minister Ahsan Iqbal urges people to reduce tea consumption to counter economic crisis
 
This came after Federal Minister for Planning Ahsan Iqbal appealed to the people of Pakistan. Notably, it emerged that Pakistan consumed tea worth Rs 83.88 billion (USD 400 million) in the fiscal year 2021-22.
 
He said that Pakistan, one of the biggest importers of tea in the world, has to borrow money to import it. "I appeal to the nation to cut down the consumption of tea by 1-2 cups because we import tea on loan," Iqbal said while speaking to reporters here on Tuesday.
 
 
Recently, Finance Minister Miftah Ismail warned that Pakistan’s economy could be in a similar position as that of Sri Lanka if tough decisions were not taken. Meanwhile, the video of the incident has gone viral over the internet with netizens thinking how would the reduction in tea consumption would help Pakistan overcome the economic crisis.