City
Epaper

Pakistanis asked to drink less tea to cut imports

By IANS | Updated: June 15, 2022 16:50 IST

Islamabad, June 15 People in Pakistan have been asked to reduce the amount of tea they drink to ...

Open in App

Islamabad, June 15 People in Pakistan have been asked to reduce the amount of tea they drink to keep the country's economy afloat, media reports said.

Sipping fewer cups a day would cut Pakistan's high import bills, Federal Minister for Planning Ahsan Iqbal said, BBC reported.

The country's low foreign currency reserves currently enough for fewer than two months of all imports have left it in urgent need of funds.

Pakistan is the world's largest importer of tea, buying more than $600m worth last year.

"I appeal to the nation to cut down the consumption of tea by one to two cups because we import tea on loan," Iqbal said, according to Pakistani media.

Business traders could also close their market stalls at 20:30 to save electricity, he suggested.

The plea came as Pakistan's foreign currency reserves continue to fall rapidly putting pressure on the government to cut high import costs and keep funds in the country, BBC reported.

The request to reduce tea drinking has gone viral on social media, with many doubting the country's serious financial problems can be addressed by cutting out the beverage.

Pakistan's foreign exchange reserves dropped from around $16 billion in February to less than $10 billion in the first week of June, barely enough to cover the cost of two months of all its imports.

Last month, officials in Karachi restricted the import of dozens of non-essential luxury items as part of their bid to protect funds.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: islamabadbbcKarachiAustralia broadcasting corporationBbc radioBroadcasting corporationOrganisation secretary and member of parliament r.Facebook ireland headquartersBritish broadcasting companyBritish broadcasting corporation
Open in App

Related Stories

NationalBig Revelation on Operation Sindoor: Indian Air Force Struck Malir Cantt in Karachi

InternationalKarachi-Islamabad Connection Disturbed After INS Vikran Strikes Pakistan in Arabian Sea: Reports

NationalIndia Strikes Lahore, Karachi and Islamabad After Foiling Multiple Pakistani Attacks

InternationalIndia-Pakistan Tension Escalates As Explosion Reported Close to PM Shehbaz Sharif and Asim Munir's Homes In Islamabad

NationalIndia Shoots Down at Least Two Pakistani Fighter Jets, Video Surfaces

International Realted Stories

InternationalChad's former PM Masra arrested for 'inciting hatred'

InternationalMyanmar residents complain of delays in post-quake rebuilding

InternationalTaiwan coast guard in talks on exercises with 'certain countries' amid China's gray zone pressure

InternationalIndia committed to global climate action to safeguard Himalayas: Bhupendra Yadav

InternationalBangladeshi women's rights activists rally against anti-feminist wave